Summary: While it may seem silver is pretty beaten down, this analysis from SilverSeek says silver could turn back toward mid-$30s range here pretty soon. Taking a 7-year chart, it appears silver is getting close to the lower end of a trendline. Upper and lower trend lines, drawn in parallel, show the ranges silver trades in. Based on this data, silver is around the bottom of the range. Even it turns lower (slightly), it will find even more “buy” support. Check out the chart below, or read more…
Silver Market Update – week of March 25
March 26, 2013 by