Just like with gold, silver was down this morning already, but now that we see dollar gaining its strength back, it is easy to assume that silver, being weaker than gold is going to start slipping even harder now. And that is exactly what we see right now. As the strength of dollar is being discussed, everyone forgets about the pressure they are putting on precious metals by supporting the greenback. But in the modern market is it either one or another and growing dollar is just going to subject silver to more and more losses.
Just look at what is going on with the metal right now. Not a pretty picture. And the fall is not going to stop here. That we can be sure of.
Use our trading signals to find out what is going to happen next!