Silver Pulls Back from $90 Region | Metals Mine

  • Silver Pulls Back from $90 Region

    From dailyforex.com

    The silver market tried to rally after gapping lower on Thursday but then fell apart as the $90 level continues to be a massive barrier for traders to deal with. It's an area that previously has been more than obvious for traders and if we can turn around and break above there, it's possible that traders will continue to see this market jump towards the $95 level. On a breakdown from here, the $80 level does in fact attract a lot of attention and could be an area that I think a lot of traders would be looking for buyers to come back into the picture. Ultimately, I do think that the interest rates dropping will ... (full story)

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