Silver traded with sharp volatility on Thursday, around $48.50, as the market seeks direction after a major rally. Stability appears more likely than further gains, with $47 as key support and $50 remaining a critical resistance zone. Silver was very volatile during the trading session on Thursday as we continued to move around the $48.50 level. This is a market that continues to face questions in both directions after previously seeing such a strong move to the upside, and now traders are trying to determine whether that type of momentum can be sustained. I don’t think that’s the case. Quite frankly, this looks like ... (full story)