Silver: Dips on Volatility

From dailyforex.com

Silver initially did try to rally a bit during the trading session here on Wednesday but gave back the gains to show signs of hesitation. This has been a very volatile day for most assets. It's not just silver. So, I think at this point in time, you have to look at this as a market that is struggling to finally break out. But I do think that there is a lot of pressure here and I do think that it happens given enough time.Ultimately, I am a buyer of dips. I have no interest whatsoever in trying to short silver. I think there are plenty of buyers underneath to keep it afloat. The 50 day EMA is currently at the $32.35 ... (full story)