Silver rallied during the course of the session on Tuesday, as we continue to go to the upside slightly. However, if we break above the top of the
Silver rallied during the course of the session on Tuesday, as we continue to go to the upside slightly. However, if we break above the top of the shooting star from the Monday session, at that point in time it’s likely that the upward momentum will continue to go higher. At that point, I would anticipate that the $18.50 level will be targeted. Pullbacks continue to look at support just below, so at this point in time I don’t have any interest in selling. With this, I remain bullish, but I am cautious.
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.