Silver markets got a bit of a boost during the trading session on Tuesday, breaking above the $14.00 level as traders look at the Federal Reserve jumping into the market with liquidity as an opportunity to pick up precious metals. That being said though, the market has sold off quite drastically before then, and therefore I think this is probably more or less going to be a “relief rally”, which can last for a short amount of time. At this point, I think that sellers will probably come back in near the $15.00 level, but I don’t necessarily think that we revisit the lows either. In the typical structure of an oversold ... (full story)