The Silver markets went back and forth during the day on Wednesday as we continue to hover the $17 level. This is an area that looks likely to continue to
The Silver markets went back and forth during the day on Wednesday as we continue to hover the $17 level. This is an area that looks likely to continue to be a bit of a magnet for price. The market has been sideways over the last several sessions, and I believe that part of this reaction is waiting for comments from Janet Yellen on Friday as to the direction of the Federal Reserve. Because of this, it’s going to be difficult to trade this market for any type of move, and therefore I’m on the sidelines until we get some bit of clarity.
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.
