Silver markets fell significantly during the session on Tuesday, as we continue to see a back and forth type of market recently. There is an $18 level
Silver markets fell significantly during the session on Tuesday, as we continue to see a back and forth type of market recently. There is an $18 level support area just below, so it’s likely that the buyers will return sooner rather than later. On a supportive candle, I’m willing to go long, but I will wait until we get a daily candle telling me to do so before I put any money to work. I believe there is even more support at the $17.75 level underneath. Because of this, I’m not even looking for selling opportunities currently.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
