Silver Price Analysis – Silver Sitting Just Below Major EMA

The silver market has seen some choppy action early on Thursday, as traders attempt to discern risk appetite in the markets overall.

The silver market has been choppy during early trading on Monday as traders are watching the 10-year yield in America and all bonds, actually, but the 10-year yield in America has captured most of the attention. You can see that the rate is at 4.31 as I record this, which is a little strong for the liking of silver, but at the end of the day, it is a market that I think is just simply waiting and that unfortunately might be where we are at in a lot of markets right now, trying to figure out what happens next in the Middle East as nonsensical leaders refuse to talk.

And as long as that is the case, we are almost in a moment of stasis and therefore it is not a huge surprise to see silver struggle. Unfortunately, we are still being held hostage by the latest statement to come out of Washington or Tehran, sometimes Tel Aviv, and as a result, with that, the