trading Tuesday, on normal corrective pullbacks after recent good gains that saw both metals score around four-week highs last Friday, and amid price uptrends that are still in place on the daily bar charts.
stock indexes not far below their recent record highs, market watchers are wondering if those gains can be extended in the coming weeks, during what history shows can be rocky times for the stock and financial markets.
dollar index higher as the greenback tries to recover from recent strong selling pressure that pushed prices to a four-week low last week.
Bulls’ next upside price objective is to produce a close above solid resistance at the July high of $1,836.20.
The silver bulls and bears are on a level overall near-term technical playing field but bulls are making headway and working on a four-week-old price uptrend on the daily chart.