Analytics SHFE Dec Silver shot up to all time high around 8700, heavy profit taking emerged and prices settled around 8200. As per Japanese candlesticks chart, A shooting star pattern appears on chart, a potential reversal signal. Major support area is 7700-7300. China announced Jumbo stimulus of 1 trillion Yuan ultra long bond to support property which has produced huge speculative buying in risky assets. COMEX Silver surge to 32.75 yday. Current range 31.24-32.93 by admin May 21, 2024 Read More
