Silver Continues to Follow Rates on Tuesday

From dailyforex.com

The silver market was choppy on Tuesday, as we are getting a touch overstretched, and seeing the $70 region offer more noise. The silver market has shown itself to be very choppy and noisy during the trading session here on Tuesday as we're hanging around the $70 level. The $70 level is an area that has been very noisy for some time, and I think you have to watch it very closely as it's a large figure. It probably attracts a lot of options traders. The 200-day EMA sits just below where we are right now, and I think that is something worth paying attention to as technical traders will be watching that. But at the end ... (full story)