The silver markets as you can see did very little during the session on Friday, as we continue to meander around the $16 level. With that being the case,
The silver markets as you can see did very little during the session on Friday, as we continue to meander around the $16 level. With that being the case, it appears of the market is going to simply look as if it’s going to sell off every time we rally. Ultimately, we think that the market heads down to the $15 level, perhaps even lower. It’s not until we get above the $17.50 level that we would consider buying this market as the silver markets look so be down at this moment in time in the US dollar of course continues to work against it.
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.
