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Is Silver Poised to Make a Run at Its All-Time High?

From financefeeds.com

With the United States observing Thanksgiving, trading volumes across global markets are notably reduced today and are likely to remain somewhat muted tomorrow as well. Yesterday we highlighted the drop in gold-market volatility — but silver is proving far less restrained. The XAG/USD chart shows that silver has surged more than 7% since the beginning of the week, drawing fresh attention at a time when many traders expected calm. Thinner holiday liquidity may be allowing price moves to stretch further than usual, raising the possibility that silver could soon attempt to retest its historical peak near $54.45 per ... (full story)

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  • Category: Technical Analysis