Silver Continues to See Buyers

From dailyforex.com

Silver rallies again during the trading session on Friday, as we have now broken above the crucial $48 level. Now that we have cleared the psychological level, it does open up the possibility of a move to the $50 level, which is a large, round, psychologically significant figure, and short-term pullbacks will more likely than not end up being a buying opportunity. The $47 level is likely to continue to be short-term support, and if we break down below there, we would then start to test the $46 level, possibly even the $45 level. The $45 level will be massive and its implications, and therefore I think if we can stay ... (full story)