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Silver Market Rallies

Silver Market Rallies

Thomas Long, Course Instructor

The silver market was able to move up through the previous high of 31.13 easily last week which confirms the strong uptrend. The series of higher highs and higher lows continues as new buying interest based on risk aversion continues to come into the market. I would continue to look for buying opportunities as long as the market remains above the 26.36 low noted on the chart.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.