Silver has been smacked down pretty hard on the jobs report. The market seems to think that a rate hike is a sure thing. I don't think silver will create a new low based on assumptions. I think the buyers will stay around till at least the 1st week of Dec. The rate decision will be in the middle of Dec so i think we still have plenty of time for a quick rally.
I've highlighted 2 levels. Lets see of Silver can stay above these areas.
I've highlighted 2 levels. Lets see of Silver can stay above these areas.