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Silver: Holds 50-Day EMA Support
Silver has gone back and forth during the course of the trading session here on Friday as the 50 day EMA has offered a significant amount of support and it's probably worth noting that the jobs number came out weaker than anticipated. That being said, the market is likely to continue to see a lot of questions asked of this area as it was previous consolidation. So, one would have to think that there are a lot of orders in this general vicinity. Because of this, I will be watching the $35 level if we start to fall, because I think anything below there, then silver has a serious problem. The U S dollar has been ... (full story)
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