Ben Traynor writes:
"SPOT MARKET prices to buy silver rose to their highest level in two months Tuesday, hitting $29.09 per ounce- 3.5% up on last week's close - after extending gains from yesterday's trading.
"This changes [silver's] posture to bullish," says the latest technical analysis note from bullion bank Scotia Mocatta.
"There was congestion in the $28.00 area and this should provide some support, while the next target is the $29.90 high from June. ..."