Day trading course Silver Buyer be aware that when we posted at the $35 range that this would turn back here day traders were buying.  There still is a rumor of increase in Margin requirements, which could provoke another sell off.

Day trading course Silver buyers are shorted

Day traders were selling silver to $35 today. Support at $38 didn’t hold as rumors are still hitting market of 2nd increase in Silver margins on Futures.

Resistance at $39 to 39.50

Support at 35, thne 33.50 area.  If sold off to $32 looking to blow the stops on buyers at 35-38.

Silver market has the most margin calls.

Don’t trade it unless you have experience and can be fully responsible for your account and always trade with a stop.  If you can’t afford to loose it, don’t trade it.