A lot of things are happening in the economic world right now, but at the same time it is surprisingly calm for the securities right now. Last week was so intense both economically and politically that it is nice to have a breather today.
Although in our world as traders we are never able to truly relax, are we? Well, today we can’t do that because of one of the most popular asset out there – silver.
We often look only at dollar, oil and gold, but silver is arguably just as popular as those assets are and we are often ignoring it. Well, right now it could use some extra support as we are looking at the asset drowning. For the last several days we have been watching dollar gaining more and more power. It has been surging after taking low dives and overall irritating us with its horrible volatility.
Well, for silver having dollar on the low note is actually good as it is only then that we are able to see its growth. Right now the metal has been falling non-stop and no one is sure what can reverse the fall as it is aiming for the level lower than $15 per ounce.
Will silver break its fall? You can only find it out by using your trading signals before every trade!