NEW YORK ( TheStreet) -- Technical indicators imply a volatile week ahead for silver. The dollar could rally on data releases while overall concerns of the strength of economic recovery loom large, increasing volatility in the white metal.Last week, COMEX silver futures for September delivery were highly volatile to close at $18.11 an ounce. The candlestick formation indicates uncertain price trends, supporting higher volatility in silver this week. The white metal is strengthening and a bullish trend is certain if it breaches and sustains above the $19 an ounce mark this week. The weekly RSI is currently at 0.51, raising the target to 0.70, after touching the lower trend line.
Silver Prices Could Face Volatile Week
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