Silver rallied during the course of the session on Tuesday, as we continue to go to the upside slightly. However, if we break above the top of the
Silver rallied during the course of the session on Tuesday, as we continue to go to the upside slightly. However, if we break above the top of the shooting star from the Monday session, at that point in time it’s likely that the upward momentum will continue to go higher. At that point, I would anticipate that the $18.50 level will be targeted. Pullbacks continue to look at support just below, so at this point in time I don’t have any interest in selling. With this, I remain bullish, but I am cautious.
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.