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Silver: Price Slips on Juneteenth Holiday: Is a Bounce Ahead?

From dailyforex.com

Silver has been negative during the Thursday session, but you need to keep in mind that Thursday was not a normal session for the futures market as it was Juneteenth in the United States. So therefore, liquidity was a major issue. After all, the bulk of volume is done during the U.S. session in futures markets. So, this isn't necessarily a real representation of everything that's going on. When you look at the market, you can see that we have been bouncing around back and forth, and it looks like we are trying to do everything we can to find our footing. The $35.48 since level underneath had been previous resistance ... (full story)

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  • Category: Technical Analysis