The silver markets gapped a little bit lower at the open on Wednesday, dropping below the $15.25 level. We found enough support below there to turn the
The silver markets gapped a little bit lower at the open on Wednesday, dropping below the $15.25 level. We found enough support below there to turn the market back around and form a hammer though, so having said that it looks as if the market is trying to continue to go higher. Ultimately, we do believe that this market will rise, but we may have to pull back a couple of times to build up momentum. Quite frankly, this is a great investment, if not a trade and therefore we have noticed whatsoever in selling silver at this point.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
