Silver markets did almost nothing during the day on Thursday, as we continue to hover around the $17 level. This is a market that has sold off rather
Silver markets did almost nothing during the day on Thursday, as we continue to hover around the $17 level. This is a market that has sold off rather drastically as of late, so a bit of consolidation is probably necessary. I believe that we will continue to see this market sits still today, so at this point in time I am on the sidelines when it comes to silver. I will of course pay attention to this market at the close every day going forward, and will of course keep you advised as to what I’m doing.
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.