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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
