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.
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.