Silver markets initially rallied during the course the day on Friday, but turned right back around to form a bit of a shooting star. The shooting star of
Silver markets initially rallied during the course the day on Friday, but turned right back around to form a bit of a shooting star. The shooting star of course is a negative sign but at the end of the day I still see a massive amount of support just below so therefore it’s going to be difficult to sell. A pullback from here will more than likely find plenty of buyers below all the way down to the $18 level as the market has broken out from there and shot straight up. So having that in mind, I am looking for supportive candles in order to go long.
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.
