Silver prices are in for a bid if key levels are broken, this according to Todd Horwitz, chief strategist of BubbaTrading.com.
“Silver has caught a bid and it looks like it wants to go higher. If this breakout can continue, we can clear $16 or $16.20 [an ounce], then I think we’re on our way to $17 and then if we can get through there then I think you’re on your way to $20,” Horwitz told Kitco News.