SILVER PRICE UPDATE: Key Technical Levels While The Underlying Fundamentals Improve

6:58 AM

First published by Money Metals here: https://www.moneymetals.com/news/2019/10/16/silver-price-analysis-001887

While the silver price is trading at another important short-term technical level, the underlying fundamentals continue to improve. Since silver peaked at $19.75 at the beginning of September, it has been correcting lower to key support levels. As I mentioned in my last update, the silver price would like correct back down to a key support level before moving higher. And, if history is a guide, there is a likely price where that turnaround will occur.

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