Silver markets fell during the course of the session on Tuesday, slicing through the $15 level. Because of this, the market looks like it is going to
Silver markets fell during the course of the session on Tuesday, slicing through the $15 level. Because of this, the market looks like it is going to continue falling overall, and we believe that it’s only a matter of time before the rallies fail. In other words, we are simply going to sell rallies the show signs of weakness. We believe that the market is going to head down to the $14.50 level, which has been so massively supportive. Ultimately though, with the one thing that we can count on is volatility, as the silver markets tend to be very volatile anyway.
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.
