Silver buyers beware. This is not the silver breakout you're looking for. As the price of silver has risen from $24 to over $27, we look at who's buying.
When silver breaks through this resistance at the 200 DMA, the price could move higher very quickly to $30 and potential to move even higher to $50/oz..
The silver market ended its decline similarly to gold. The market is pushing right now into the 18 and 100 day moving averages, not hard to see this resistance..
