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Silver: Continues to See Volatility

From dailyforex.com

The silver market continues to see a lot of volatility, as the Monday session initially with positive, cat slammed and then bounced again. We are still in the circus that is the tariff situation, which has now reared its head again as the White House has announced 25% tariffs against Japan and South Korea starting August 1 unless a deal gets signed. This of course cause the market to lose its mind, which continues to be a major problem in the markets as the volatility is driven by external factors, not necessarily by anything along the lines of normal fundamentals. With that being said, it has the US dollar all over ... (full story)

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  • Category: Technical Analysis