Silver markets fell a little bit during the course of the session on Tuesday, but found enough support just below to turn things back around. That being
Silver markets fell a little bit during the course of the session on Tuesday, but found enough support just below to turn things back around. That being the case, the market looks as if we are going to continue to go higher, and a break above the top of the candle should send this market reaching towards the $16 level. This market should continue to see buyers reenter this market every time it pulls back as we have most certainly broken out to the upside. We are buyers and not sellers, and believe that silver is entering a longer-term uptrend.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
