ForexLive Breaking News

HSBC says its ‘buyer beware’ in silver

A note issued prior to the margin hike from the Comex:
The margin hike contributed (mainly) the drop in price upon Globex reopen.
Anyway, back to HSBC, the firm argues that price will remain volatile and see the noobs in the market (HSBC refers, more politely, to ‘new entrants’) likely to ‘tire’ and then start to sell

Source: Forexlive RSS Breaking news feed
Date: February 2, 2021, 11:07