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Silver: Faces Double-Top Risk After Early Rally Fades
Silver surged to new highs early Thursday before reversing into a potential shooting star, raising double-top concerns. Weak volume is a caution, making the market risky to chase or short as upcoming sessions may determine direction. Silver initially rallied during the early hours on Thursday to make a fresh new high as the rally in silver has continued to show immense strength. That being said, we have turned around to form a bit of a shooting star, and I have to ask whether or not we are getting ready to form some type of double top. Ultimately, this is a market that will continue to be noisy and one that you need ... (full story)
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