By FXEmpire.com
The silver markets did almost nothing during the Friday session as the markets brace for the results of the Greek elections. The silver markets also have to worry about industrial demand for the metal, and as the economic outlook is slowing in most places, there is a good chance that demand will fall off of a cliff.
However, we now have had word that the central banks around the world are ready to start increasing liquidity again, and as a result we think the silver markets could gain. The $30 level has to be overcome first though for us to feel comfortable buying silver. As a sell signal, we need to see a break and daily close below the $27 level.
Click here a current Silver Chart.
Originally posted here
