Silver markets initially fell on Tuesday, but found plenty of support as we turned around to reach towards the $18 level. A break above the top of the
Silver markets initially fell on Tuesday, but found plenty of support as we turned around to reach towards the $18 level. A break above the top of the candle for the day should send this market higher and I believe that the longer-term uptrend continues. The major moving averages are all starting to cross, and I believe that’s a sign that we are going to continue to find buyers every time we dip. I have no interest in selling and believe that we will reach the $18.50 level, and then eventually the $19 handle.
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.
