Silver markets broke higher on the initial gap during the trading session on Thursday, reached much higher but then turned around to show signs of exhaustion again. By doing so, it looks as if the silver market is probably going to drop from here, at least pulling back in the short term. Overall, it looks like the market is going to find the $15.50 level significant, as we have seen several pullbacks from that level. However, if we can turn around and break above the top of the candle stick for the Thursday session, we could go much higher. I suspect that were going to get a pullback to roughly $15.28 though, so ... (full story)