Silver markets rally during the course of the week, breaking out above the previous week’s candle and therefore it looks as if we are going to continue to
Silver markets rally during the course of the week, breaking out above the previous week’s candle and therefore it looks as if we are going to continue to go higher. The US dollar continues to fall in general, and that of course will help the silver markets as well. More than likely, pullbacks will be thought of as buying opportunities, and therefore we remain very bullish of silver at this point in time. We believe the $20 will be targeted next, and could be reached much quicker than most people expect.
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.
