By FXEmpire.com
The silver markets rose during the session on Tuesday as the “risk on” rally in the stock markets pushed almost anything with a bit of risk behind it higher. The $31 level continues to support this market, and as a result we like buying dips for very short-term plays in this market. The market seems to be “stuck” between $31 and $33, and going forward we are going to buy it and take profits every time it bounces from the $31 level. Selling isn’t a though until we break down the support, which we don’t see ending until the $30 level.
Silver Forecast April 18, 2012, Technical Analysis
Originally posted here
