Silver Forecast November 26, 2015, Technical Analysis

Published: Nov 26, 2015, 05:00 UTC1min read
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Silver markets fell slightly during the day on Wednesday, as we continue to see quite a bit of back and forth type of action. However, we recognize that the real battle is somewhere at the $14 level, so if we can break down below there significantly we believe the market
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Silver markets fell slightly during the day on Wednesday, as we continue to see quite a bit of back and forth type of action. However, we recognize that the real battle is somewhere at the $14 level, so if we can break down below there significantly we believe the market will then reach towards the $12 handle. We think rallies at this point in time or selling opportunities, and we will not hesitate whatsoever to sell this market on any site of resistance above as this market continues to look very sluggish in general.

 

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