Silver markets went back and forth during the course of the week, hanging around the $20 level overall. This neutral candle suggests that perhaps we will
Silver markets went back and forth during the course of the week, hanging around the $20 level overall. This neutral candle suggests that perhaps we will have to pull back and build up a bit of momentum in order to continue going higher. I think at this point in time, the $18 level should be the “floor” in this market, and as a result I think from a longer-term perspective, you cannot short this market at all. Regardless though, you should think that volatility will be a constant companion.
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.
