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.
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.
