Silver Knocking on the Door of Six Year Low

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Silver has been hammered lower over the past month as speculation mounts that the Fed will make a move on monetary policy in December. That has left Silver knocking on the door of a six year low, so will it break through? The selling in Silver has been relentless. Since 29th October, Silver has fallen on every single day bar none. That is 15 consecutive trading days in the red without any respite. The selling has come as the market sentiment swings bullish for the dollar on bets the Fed will

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