The silver markets as you can see went back and forth during the course of the day on Monday, hugging just below the $19.50 handle. With that, the market
The silver markets as you can see went back and forth during the course of the day on Monday, hugging just below the $19.50 handle. With that, the market looks like it’s ready to continue going sideways and we don’t really have any interest in trading this market at the moment, at least until we get some type of impulsive move. At this point time, we are essentially looking to buy physical silver, but beyond that really don’t have much of a play. With that being said, we will continue to monitor this market on the daily chart.
Silver Forecast August 26, 2014, Technical Analysis
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.
