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Silver update 8/29

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Metals are a bit under pressure since yesterday PM after silver overnight tried to hit the 25$ mark, actually briefly trading at ~ 25 and 1/4 and gold 1425$ . Morning was pretty busy in the physical market but then soften a bit as the day was progressing. The outside forces were positive but the US$ index was firmer. Lot of volatility involved. Seem that silver and gold are getting into range trading again, where we can get pass resistance but as the price correct buying is also featured to support price back up a little. The development in Syria ( and not only there) will tell us more and give clue of the next move.  More updates as the day and trading move forward, for now is a calm morning…


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