The silver markets fell during the course of the week, crashing into the $14 level. The area offered a bit of support, and as a result we tested the
The silver markets fell during the course of the week, crashing into the $14 level. The area offered a bit of support, and as a result we tested the $14.50 level. We think that is going to be difficult for longer-term traders to get involved in this market, so therefore we are going to test the markets via the short-term charts, as we think volatility will continue to make this market very difficult to be involved in for any real length of time. With this though, we have to admit that we haven’t overall downward bias.
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.