A Silver Breakout in April 2016

The historical price of Silver has stayed pretty much in the same range for a year now, being in the $14.50 – $15.50 range. Yesterday (April 12, 2016) Silver finally broke through the $16.00 ceiling breaking what’s known as a resistance level. This is basically a price that a stock, commodity (like oil, gold or silver) or index is finding it difficult to break through. For Silver, that resistance level was a spot price of …

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