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Silver Moves Higher But Falls Right Back Down

From fxempire.com

Silver prices moved slightly higher early on Tuesday but could not consolidate these gains. Currently, silver is trading at $18.00, down $0.37 or 0.34% on the day. Light Calendar Could Leave Silver Drifting After a busy week on the fundamentals front, there are no key events until late in the week, which could mean limited movement from silver for most of the week. We’ll get a look at unemployment claims on Thursday. The indicator fell to 204 thousand last week, good enough for a six-week low. The forecast for the upcoming release stands at 214 thousand. On Friday, the U.S. releases manufacturing and services PMI, ... (full story)

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  • Category: Technical Analysis