Trading today is likely to be very dull and very lazy. After all, traders today are going to be thinking about tomorrow’s feast way more than about trading and stocks. That is why there is no wonder that there are so little movements in the currency market. But, of course, with not all of the countries celebrating Christmas and New Year, there are some people who are still moving the markets and the main assets. For example, silver.
Yesterday we were watching silver carefully as it was breaking out higher and higher and today we can once again say that the segment of the market is recovering and surging. But, those who noticed the growth of silver might also notice the fact that the chart for precious metal behaves very erratic and is very unstable. We are going to see this kind of behavior until all of traders are coming back to the markets. and that means until January 2, but still, even with this scenario it is good to see the growth like that amidst such an unstable situation in the markets and in the world in general.
Surely, if silver keeps on with the growth we have to catch it now. Or any time trading signals are telling us it is good. Either way, we have to pay more attention to precious metals these days.