Silver markets initially fell during the week but broke well above the $18 level, and as a result looks like we are to continue to see quite a bit of
Silver markets initially fell during the week but broke well above the $18 level, and as a result looks like we are to continue to see quite a bit of buying pressure. Pullbacks will continue to be buying opportunities, so having said that I’m waiting to see an opportunity on short-term charts to take advantage of the longer-term move. I believe that we go to the $19 level, and perhaps even higher than that. However, pullbacks will probably be needed from time to time. I have no interest in selling this market.
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.
