-
Silver Forex Signal: Faces Resistance at $37.50
The silver market has gone back and forth during the early hours on Tuesday, as we continue to see a lot of resistance just above. Ultimately, the market is likely to continue to see a lot of back-and-forth trading in general, as we are looking at a major ceiling in the form of $37.50. This, of course, is an area that’s been difficult to get above, but if we do, it will capture a lot of attention. I believe that this is a market that is simply consolidating after a massive move to the upside, but quite frankly, I’m not looking to get short anytime soon. Because of this, I think you have a situation where traders ... (full story)