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Silver Forecast September 18, 2017, Technical Analysis

Silver markets rolled over a bit during the day on Friday, and formed a shooting star on the weekly chart. As Silver has gotten a boost from a “risk off” trade, it’s likely that the market may continue to find softness. If we can break down below the $17.50 level, I think that the market … Continue reading Silver Forecast September 18, 2017, Technical Analysis · FX Empire

Silver markets rolled over a bit during the day on Friday, and formed a shooting star on the weekly chart. As Silver has gotten a boost from a "risk off" trade, it's likely that the market may continue to find softness. If we can break down below the $17.50 level, I think that the market will go down to the $17 level. As far as buying is concerned, I would need to see a clearance of the $17.80 level. This market has gotten a bit ahead of itself over the last several weeks, so a pullback is probably going to be healthy.

SILVER Video 18.9.17

This article was originally posted on FX Empire

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