Silver markets fell slightly during the day on Wednesday, as we continue to see quite a bit of back and forth type of action. However, we recognize that
Silver markets fell slightly during the day on Wednesday, as we continue to see quite a bit of back and forth type of action. However, we recognize that the real battle is somewhere at the $14 level, so if we can break down below there significantly we believe the market will then reach towards the $12 handle. We think rallies at this point in time or selling opportunities, and we will not hesitate whatsoever to sell this market on any site of resistance above as this market continues to look very sluggish in general.
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.
