Silver markets initially fell on Monday but turned around to form a hammer as we slammed into the $18 level again. On a break to a fresh, new high I think
Silver markets initially fell on Monday but turned around to form a hammer as we slammed into the $18 level again. On a break to a fresh, new high I think that the Silver markets will then reach towards the $18.50 level. Pullbacks continue to be buying opportunity as we have seen so much in the way of strength, and I believe that we will not only reach $18.50 level, but we will continue to go even higher. Ultimately, I have no interest in shorting this market, there’s far too much in the way of bullish pressure.
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.
