The silver markets fell slightly during the course of the session on Monday, as we continue to see weakness in this market. We broke below the $15.50
The silver markets fell slightly during the course of the session on Monday, as we continue to see weakness in this market. We broke below the $15.50 level, and that of course is a negative sign. However, we anticipate that there will be a bit of support at the $15.00 level, so ultimately it’s only a matter of time before the market bounces yet again. With this, we look at this market as one that can only be traded on short-term charts, as the market has so much in the way of noise in various directions. With this, we believe it’s probably best to leave this market alone.
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.
