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Will Silver Be Able to Stay Above $80?
The silver market was noisy on Friday, as the markets waited for the Non-Farm Payroll numbers. At this point, the uptrend continues The silver market was all over the place during the trading session on Friday, which wouldn't be a huge surprise considering that it was non-farm payroll Friday and a lot of traders will have been in and out of the market quite a bit. The $80 level is a large round number that I think continues to offer resistance all the way to the $82 level, and we did find that resistance during the day despite the fact that the non-farm payroll announcement came out weaker than anticipated. In this ... (full story)