Silver Forecast August 24, 2015, Technical Analysis

Silver markets went back and forth during the course of the session on Friday, ultimately settling on a negative candle though. With this being the case, the market looks like it is ready to continue to bounce around between the $15.50 region and the $14.50 region. Quite frankly though, this is far too volatile for us to be comfortable trading, and as a result we are sitting on the sidelines as gold is most certainly outperforming silver in not only bullishness, but also clarity at this point in time. We will of course keep very close eyes on this market.