Silver Forecast July 24, 2014, Technical Analysis » Fx Empire Network

Silver Forecast July 24, 2014, Technical Analysis » Fx Empire Network

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The silver markets as you can see did very little during the day on Wednesday, essentially hugging the $21.00 level. With that, we don’t have much to say about this market, except for the fact that it appears we are going to continue to go sideways in order to give the market a rest after the significantly impulsive move to get up to this region. We ultimately believe that the $21.50 level gets broken, which sends this market to the $20.00 level. Above there, the market would then try to find the $25.00 handle. We have no interest in selling this market at all right now.

 

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Silver Forecast July 24, 2014, Technical Analysis » Fx Empire Network

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