Silver Spikes To Key Resistance At One-Month Highs As Dollar Dumps

Silver (and gold) pries are surging today as the dollar index tumbles by the most in 2 months. Silver futures have spiked almost 4% to their highest in a month to the 100-day moving-average.

The USD Index is tumbling – by all appearances – on Trump gains…

 

Sending Silver soaring to 1-month highs…

 

And key resistance at the 100DMA…

 

And while gold is rallying also, Gold/Silver has droped back below 70x…

via http://ift.tt/2ejJ1XY Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *