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Home > Silver Loses Key Technical Support After 'Weak' China Open Plunge

Silver Loses Key Technical Support After 'Weak' China Open Plunge

By Tyler Durden
Created 10/08/2015 - 07:03
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Submitted by Tyler Durden [1] on 10/08/2015 07:03 -0500



 

Having closed yesterday above the 200-day moving average for the first time since May, the weaker-than-expected Chinese equity market open sent the precious metal tumbling and it is extending losses in the early US session.

 

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And as the morning flush hits, Silver falls further...

[4]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-10-08/silver-loses-key-technical-support-after-weak-china-open-plunge

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