Friday was a topsy-turvy day for the stock market, marking a fitting end to a tumultuous week. The Nasdaq Composite (NASDAQINDEX: ^IXIC), meanwhile, saw a nice push higher to rebound from outsized losses earlier in the week. Other financial markets saw big moves, with bond yields reversing lower, oil prices giving back about $2 per barrel to $61.50, and cryptocurrencies remaining under pressure.
The selling pressure on Friday suggests sellers will take a run at $60.56 early next week.
Silver markets have initially tried to rally during the course of the week but continues to see quite a bit of resistance above the $28 level.