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.
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.
