By FXEmpire.com
The silver market got a bit of a bounce on Tuesday as the consolidation area continues. The market has been stuck between the $27 and $30 levels lately, and as a result we think of this as a small range bound market. However, the moves are so choppy that it is difficult to trade this market. The action has been erratic to say the least, and as silver is much less liquid than gold, the market is struggling to make any real moves and simply has been reacting to headlines at this point. As a result, we are waiting to see if one of the levels mentioned previously gets broken before we make a move.
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Originally posted here
