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Is Silver Set to Crack Below Crucial $60 Floor?
Silver rallied on Thursday, as we continue to determine whether or not the market still has any bullish momentum. Silver rallied a little bit in the early part of the trading session on Thursday as we continue to hang around the crucial $60 level. The $60 level obviously is a large, round, psychologically significant figure and an area a lot of people will be paying close attention to. After all, the $60 level has been an area that we have fought over multiple times in the past. That being said, I think one of the truly big problems that we have at the moment is that there is a significant amount of upward pressure ... (full story)
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