The silver markets went back and forth during the course of the week, essentially settling nothing. It appears that the $15 level does offer resistance
The silver markets went back and forth during the course of the week, essentially settling nothing. It appears that the $15 level does offer resistance though, so having said that we believe that the market still has quite a bit of bearish pressure in it. However, the summer market simply doesn’t look like it’s ready to move at the moment. With this, we have recently made a fresh loan though, so we feel that sooner or later the summer markets to selloff. This will probably have to be traded on short-term charts though.
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.
