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Silver waiting on the Fed

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The selloff in Silver over the last month and a half has been brutal for anyone holding the precious metal as speculation mounts that the Fed will make a move on monetary policy. The market may have moved too early and is now playing the waiting game. The selling has come as the market sentiment swings bullish for the dollar on bets the Fed will raise interest rates at their December 15th Meeting. Some support has been found just below the $14.000 handle, as the market waits to see if the

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