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Silver: Plunges but Uptrend Remains Intact

From dailyforex.com

During the Thursday session we saw the silver market plunged pretty significantly, but it is also worth noting that the market had been in a huge uptrend getting to this level. Ultimately, I think this is a market that will continue to be very noisy, but given enough time, we should go looking at the upside yet again. The size of the candlestick at the New York open was rather ugly, but it’s not necessarily toxic due to the fact that we have seen such a huge run over the course of 2025.The technical analysis for this market is obviously very bullish, but it also is a market that would not surprise me to see a little ... (full story)

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  • Category: Technical Analysis