By FXEmpire.com
The silver markets continued to grind away on Monday as the consolidation pattern continues. The $27 level is the support, and the $29 to $30 level is the resistance. The market looks as if it really isn’t ready to go anywhere at the moment and with the industrial slowdown globally it doesn’t take much imagination as to why. The breaking of the two levels on a daily close would have us entering into the market in the same direction, but until that happens we feel as if there are better markets to trade.
Click here for updated Silver News.
Originally posted here
