Silver Forecast February 22, 2017, Technical Analysis
Silver markets initially fell on Tuesday, but found plenty of support as we turned around to reach towards the $18 level. A break above the top of the candle for the day should send this market higher and I believe that the longer-term uptrend continues. The major moving averages are
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Silver markets initially fell on Tuesday, but found plenty of support as we turned around to reach towards the $18 level. A break above the top of the candle for the day should send this market higher and I believe that the longer-term uptrend continues. The major moving averages are all starting to cross, and I believe that’s a sign that we are going to continue to find buyers every time we dip. I have no interest in selling and believe that we will reach the $18.50 level, and then eventually the $19 handle.
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