Thursday 5 May 2011

How Volatile is silver going to be ?

Is the volatility in weekly silver price movements reaching a crescendo?

Just how volatile is this market going to get, and will this current volatility end?

Difficult questions to answer without a crystal ball but let's have a stab at them anyway. The current volatility is such that trends don't last long and both bulls and bears claim victory on an hourly basis. Last week alone we saw both $49 breached on the upside and $45 on the downside. If anything, the volatility is increasing as this chart shows:

Buy the dips

1 comment:

  1. Risk is always there but you have to have believe its goodness when you want to invest in the metal. You can sell silver or buy them. It's your smart choice can bring you its goodness.

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