Silver: Volume Surges and Sellers Step In | Metals Mine

  • Silver: Volume Surges and Sellers Step In

    From dailyforex.com

    Silver has gone back and forth during the trading session here on Tuesday as we continue to dance around the $50 level in the futures market. The spot market is about $1.50 higher, but at the end of the day, the futures market is starting to see massive volume. There's a huge fight going on and it's worth noting that $50 has been a very difficult level to get above. And in fact, we've only just done it for the first time cleanly.The market goes all the way back to 79, maybe 1980 when we had originally tested this and collapsed and we've done it two times before, but possibly we're in the middle of a third time. We'll ... (full story)

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