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Silver Forecast April 21, 2017, Technical Analysis

By
Christopher Lewis
Updated: Apr 21, 2017, 03:59 GMT+00:00

Silver markets had a choppy session on Thursday, as the $18 level has offered quite a bit of support. I believe that eventually we will bounce, but

Silver daily chart, April 21, 2017

Silver markets had a choppy session on Thursday, as the $18 level has offered quite a bit of support. I believe that eventually we will bounce, but currently it’s a market that seems to be trying to build up enough momentum to continue the uptrend. I think that it’s been a market that is trying to build up enough momentum to reach the higher levels, and sooner rather than later I would expect it to happen. However, you must be a to deal with the volatility that is undoubtedly going to be a mainstay of the market.

SILVER Video 21.4.17

About the Author

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.

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