Commodity Trade Mantra

Posts Tagged ‘Silver Trend Line’

Silver at Crucial Level, Commercials Underwater for Almost a $1 Billion - NOW?

As we have now punctured an important silver trend line, what happens next could be very interesting. If silver closes above $20.35, the 50 (MA) trend line at a significant margin, we could see a lot more hedge funds and large traders jump into the silver market bandwagon. Bullion banks who hold record commercial silver short contracts, will likely defend the $20.35 price at all costs.

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook