Silver flew past $20/troy ounce area to trade as high as $21.17/troy ounce. We suspect a major shift in trend, especially in the precious metals market.
We have been bullish on Gold from $1060/troy ounce but was late in silver. Nevertheless, our call to buy silver at $16.7/troy ounce and at dips has reached all the target. Now we have extended the target to $26.
But if a major shift in trend is here Silver may a lot higher.
The material has been provided by InstaForex Company – www.instaforex.com