Silver has attracted strong buying and has surged past the key $85 level to start the week, up 7% on the session.
After forming a bullish weekly divergence, the action is now turning much more bullish, and this translated into a break of the prior $83 to $84.50 resistance, now acting as a key momentum pivot.
Evolving into a steep bull channel, the move should trigger high volatility for the coming days.
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By Elior Manier
Silver has officially entered what looks to be a real breakout. As we noted in our Friday analysis, the metals sector was overdue for a rally, and that move is now underway. Silver has attracted strong
