Silver Prices to Resume Bullish Trend

Published here: http://www.profitconfidential.com/silver/silver-prices-to-resume-bullish-trend/

Silver Remains Bullish
Silver is in the midst of a mini-Renaissance. After trending downward since the middle of May, the silver price rebounded in early October, and is up 9.3% since the beginning of the month, near $15.85. Unlike previous increases which were very short lived (January, March, and May 2015), silver prices have held steady over the last few weeks.

This has resulted in more than a few analysts calling for silver prices to trade sideways. Keep in mind, at the beginning of the year, analysts had been calling for silver prices to average just $13.00 per ounce.

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