By FXEmpire.com
The silver markets fell for the week, but continue to hover around the $31 level. The $30 level below it should also be supportive as well since it is a large round number. The market is in a downtrend channel as of last May, and the biggest different between silver and gold is the fact that silver is also an industrial metal as well. We are going to trade this market as the doji that formed tells us to – we buy a break of the highs and sell the break of the lows from the previous week.
Silver Forecast for the Week of April 9, 2012, Technical Analysis
Originally posted here
