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Silver Price Forecast September 11, 2017, Technical Analysis
Updated: Sep 9, 2017, 05:37 GMT+00:00
Silver markets initially went sideways on Friday, but started to fall as we reach down towards the $18 level. This is an area that we have broken out
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Silver markets initially went sideways on Friday, but started to fall as we reach down towards the $18 level. This is an area that we have broken out from, so I would anticipate that buyers should return. On the first signs of support, I’m willing to start buying, as the $18 level could offer a nice launching point to the $18.50 level. With this being the case, I think that the market should be offering a nice buying opportunity over the next 24 hours, and I plan to take advantage of this.
SILVER Video 11.9.17
About the Author
Christopher Lewisauthor
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.
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