Advertisement
Advertisement
Silver Price Forecast September 7, 2017, Technical Analysis
Updated: Sep 7, 2017, 04:13 GMT+00:00
Silver markets went sideways initially during the day on Wednesday, and then turned around to reach towards the $18 level above. That is an area that if
PREMIUM
Read what the experts are trading this weekExclusive analysis from FXEmpire top analysts — curated insights you won't find on the free site.In-depth analysis
Curated reports
Top analysts
Unlock Premium
Silver markets went sideways initially during the day on Wednesday, and then turned around to reach towards the $18 level above. That is an area that if we can break above, the market should then go to the $18.50 level. I believe the pullbacks continue to offer value, and given enough time we will have value hunters jump into the market. I believe that the $17.50 level underneath should offer a bit of a floor going forward. The US dollar continues to struggle, and therefore think precious metals will continue to get a bid.
SILVER Video 07.9.17
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.
Advertisement