Silver Roars Back
February 25, 2011 at 14:24 PM EST
After a massive 5% drop yesterday, silver surged higher again today by 3.5%. The iShares Silver Trust (ETF) (NYSE:SLV) is trading at $32.28, +1.08 (+3.48%). The drop yesterday was a major signal that silver may be near a short term top. Technically speaking, the drop tells traders that the retrace higher can be shorted as [...]