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.
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.