The Silver markets went sideways initially on Thursday, but then broke above the $18 level. Ultimately, the market looks as if it is ready to go much
The Silver markets went sideways initially on Thursday, but then broke above the $18 level. Ultimately, the market looks as if it is ready to go much higher, and I think that pullbacks should be buying opportunities. I think that the market goes looking towards the $18.50 level, and with this being the case I think that the buy on the dips mentality returns. The US dollar is on its back foot, so I think it’s only a matter of time before the buyers return to this market on any pullback. I have no interest in shorting.
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.
