Daily Silver News: June 24 - Silver Is Back Within a Consolidation

From silverpriceforecast.com

Silver price is below $30 again, following Friday’s sell-off of almost 4%. The silver futures contract lost 3.92% on Friday, June 21, as it retraced its Thursday’s rally of 4.3% following a sell-off in gold amid USD strength, stock market’s uncertainty. On Thursday, the market broke above its recent trading range, however, on Friday, silver went back within a consolidation. Recently, it was gradually declining from the May 20 new medium-term high of $32.75. Today, silver is rebounding, as we can see on the daily chart (the chart includes today’s intraday data): The silver price is 1.2% higher, as it is ... (full story)