Silver markets fell on Friday but continue to find support near the $17.80 level. If we can break above the top of the candle, which is extensively
Silver markets fell on Friday but continue to find support near the $17.80 level. If we can break above the top of the candle, which is extensively breaking above the $18 level, I think that Silver markets will grind their way back to the $18.50 level above. I have no interest in shorting, because I see so much in the way of support underneath. I think that we are entering a grind higher, and the keyword there of course is grind. Because of this, I think is can be very volatile but you should be looking to the upside.
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.