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Silver Price Forecast September 13, 2017, Technical Analysis
Updated: Sep 13, 2017, 03:52 GMT+00:00
Silver markets continue to go sideways during the session on Tuesday, as the gap from the Monday opening remains resistive. Because of this, I believe
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Silver markets continue to go sideways during the session on Tuesday, as the gap from the Monday opening remains resistive. Because of this, I believe that the market is going to continue to come under a bit of pressure, and I believe that given enough time we may see the market dropped down to the $17.50 level. Because of this, I’m not interested in buying this market until we can cross the gap, meaning clear the $18 handle. A lot of the “risk off” trade into precious metal seems to have abated, and silver of course has paid the price.
SILVER Video 13.9.17
About the Author
Christopher LewisSenior Analyst
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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