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Silver Weekly Price Forecast – Silver Contines to Show Volatility – FX Empire
Silver markets have fallen during the week. The $24 level continues to see a lot of interest, but longer-term factors should continue to strengthen the markets.
The silver markets initially tried to rally for the week, but then rolled over to show signs of weakness. The market broke below the $24 level, only to turn around and close above it. Nonetheless, we are looking to the markets in a very cautious manner. The market is likely to find buyers at lower levels, and this is how I am looking to trade the markets. The $22 level underneath is another longer-term area of demand that I think we might test. After that, the $20 level is a major figure that th…
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