The silver markets gapped a little bit lower at the open on Wednesday, dropping below the $15.25 level. We found enough support below there to turn the
The silver markets gapped a little bit lower at the open on Wednesday, dropping below the $15.25 level. We found enough support below there to turn the market back around and form a hammer though, so having said that it looks as if the market is trying to continue to go higher. Ultimately, we do believe that this market will rise, but we may have to pull back a couple of times to build up momentum. Quite frankly, this is a great investment, if not a trade and therefore we have noticed whatsoever in selling silver at this point.
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.
