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.
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.
