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Silver Continues to Recover on Wednesday as Rates Drop

From dailyforex.com

The silver market fell to kick off the session on Wednesday, only to turn around and show signs of strength. The silver market initially fell during the trading session on Wednesday but turned back around to show signs of resilience during the day. That being said, this is a market that is underperforming gold despite the fact that interest rates have been falling a bit during the day. Quite frankly, that's not overly surprising because this is starting to act more like the silver of old. In other words, the way silver has always somewhat behaved. It has always been a situation where silver plays second fiddle to the ... (full story)

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  • Category: Technical Analysis