Precious metals market cannot make up its mind. We are witnessing all sorts of ups and down for all of the major players, especially from silver – if gold can still deal with the instability due to its status of safe haven and world market being very unstable, then silver is still trying to find its own niche in modern trading, which is not an easy task – after all, there are more possibilities to earn while trading gold. Silver, not so much.
But this doesn’t stop us from following every more of the metal in the world trading arena. The week started off very positively for silver. Those who trade precious metals could have notices that silver was in the top performance, surging beyond $18 per ounce point. But now it is going to be harder for metal to recover. There are too much losses. Although we have already seen this pattern and this support line test from the metal in the end of last week. This means that today we can only hope for metals to recover and bring us all sorts of possibilities to earn.
Well, seeing how the situation in the world becomes more and more unstable every day, there is a ton of possibilities for silver to find international support after all.
Will it surge? Use our trading signals to spot the exact moment of a breakout.