Silver Entering Buy Zone

After two slow weeks around the Easter holiday, trading in the global financial markets appears likely to pick up this week, and one of the most interesting developments we’re watching this week comes from the silver market. Though it generally follows the gold market closely, Silver has lagged gold substantially this year, with prices in the grey metal hitting new 2014 lows last week while the yellow metal is still up roughly $70 since New Year’s Day. That said, a confluence of technical factors suggest silver may be due for a bit of a catch-up rally this week.