Silver Price Analysis: Correcting back within an uptrend

LONDON (May 13) Silver (XAG/USD) price is correcting back after the strong rally in May became overbought and bullish traders unwound their longs. 

Despite the correction, the short-term trend for Silver remains bullish and given the old adage that “the trend is your friend,” it is expected to resume and push higher once the pull back ends. 

FXStreet