At the end of Friday trading session precious metals had mixed dynamics. Gold has dropped to 671.7 dollar/ounce, silver has gained 0.78 percent – to 30.92 dollars/ounce, palladium has amounted to 657 dollars/ounce – minus 0.76 percent, and platinum has risen to 1554 dollars/ounce – plus 0.46 percent.
Today silver future is traded within a rising trend. At this point one ounce of silver costs 30.75 dollars/ounce, which is a rise by 0.10 percent since the beginning of the trading session.
Experts suppose that silver is now aiming at the new target of 35 dollars/ounce.
The chart, composed by the experts of , shows the movement of silver future in the course of the trading session: it has recently finished wave (3). At this point correction is being formed within wave (4); when it is over, the final wave (5) of the rising trend is expected. The 4th wave will supposingly have a pullback at the point of 30.25.
