Silver markets had a very volatile session on Monday, as the French election results through a lot of chaos into the marketplace. There was a certain
Silver markets had a very volatile session on Monday, as the French election results through a lot of chaos into the marketplace. There was a certain amount of relief, so therefore precious metals sold off during the day. However, it looks as if there is plenty of support just below, so we had formed a candle that suggests that we have a lot of volatility had of us. If we can break above the $18 level, I think that the market will reach towards the $18.50 level. Selling still will face quite a bit of noise underneath.
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.