Silver dropped more than 30% from its high of $48.35 on huge volume indicating possible selling by big institutional players. Any relief rally should be sold as i think many investors caught in the sell-off who did not react in time will be anxious to sell off their holdings. Who knows, we could have possibly seen the high of Silver already. You have to be very flexible here as Silver is a high volatility trade, not for the fainted heart.
Have a good weekend!
Have a good weekend!
No comments:
Post a Comment