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🥈Silver closes bullish price gap📉

3:39 PM 2 February 2021

The price of silver is approaching last week's close, losing almost all of yesterday's gains

Silver price fell more than 5% today and is one of the most heavily sold commodities today. Yesterday, the price of silver at one point gained over 10% and reached the highest level in 7 years. Yesterday's gains were related to a rally of small retail investors from the Reddit group in the US who bought silver. The silver market, however, is definitely a larger market than a single listed company, so bigger moves need more capital.

Key short-term support for silver is located around 26.80. Source: xStation5
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