Silver markets rose slightly during the course of the day on Monday, and as we continue to see quite a bit of volatility. The $17 level above is massively
Silver markets rose slightly during the course of the day on Monday, and as we continue to see quite a bit of volatility. The $17 level above is massively resistive, and as a result I think it’s only a matter of time before the sellers get involved. At the first opportunity, I will start shorting exhaustion as this market continues to show that the US dollar has been working against the value of precious metals in general. I have no understand buying, at least not at the moment. It is not until I see a long-term candle that I can get involved to the upside.
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.
