Silver markets are very interesting for me, as the $18 level above continues to offer resistance. This is an area that continues to be extraordinarily
Silver markets are very interesting for me, as the $18 level above continues to offer resistance. This is an area that continues to be extraordinarily strong, but given enough time we should break above the $18.15 level to reach towards the $18.50 level above. Pullbacks continue to offer buying opportunities as far as I can see. The 50 day, 100 day, and 200-day exponential moving averages below are crossing. This is a longer-term trend change, just waiting to happen. Because of this, I believe that Silver will continue to be extraordinarily strong. Pullbacks offer value.
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.