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.
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.
