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Silver Market Rally Continues

Silver Market Rally Continues

Thomas Long, Course Instructor

The Silver market continues to attract buyers as this daily chart shows. From the January 28th low, this market has rallied almost 40% in the last six weeks. That is extremely bullish and means that we should still be looking for buying opportunities. I would maintain this bias 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.