Silver Rally May Be Due For A Correction
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We've seen a significant rally in the silver price over the past few months, with silver rallying from the $20 level in mid-March, to over $26 by mid-April, before settling back to the current level of just over $25.
So of course the possibility always exists for a correction after a sharp rally such as the one we've just seen. This is what Dave Kranzler talks about in today's show.
He mentions that he's concerned about the possibility of a pullback before a continuation of the rally, and shares some of the indicators he's looking at right now. He also talks about where he sees the market going over the longer term and some of the reasons driving that bigger trend.
So to get some insight into what might be coming next and why, click to watch this video now!
Video Length: 00:20:44
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The gold/siver rally was caused by the drop of the value of the US Dollar and that drop hasn't abated. The worst is yet to come.