The silver markets fell a bit during the course of the session on Tuesday, as it looks likely that we are ready to go much lower. The $14 level below is
The silver markets fell a bit during the course of the session on Tuesday, as it looks likely that we are ready to go much lower. The $14 level below is of course a major round number, and an area where the market had bounced from before. With this, we believe that the market is going to go lower, but it’s actually below the $14 level where we really start to pick up momentum to the downside. Rallies at this point in time should offer selling opportunities as well, as the market looks so bearish.
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.
