Silver markets fell during the course of the we, crashing through the $19 level but did find a bit of support at the $18.50 level. I still believe that
Silver markets fell during the course of the we, crashing through the $19 level but did find a bit of support at the $18.50 level. I still believe that the $18 level below will be a bit of a “floor”, and as a result it’s probably only a matter of time before buyers return. However, we do not have anything on this chart that suggests that you should start buying right now. With that being the case, I am patient, but I do recognize that sooner or later we should get a nice buying opportunity.
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.
