By FXEmpire.com
The silver markets rose again on Friday as the “risk on” trade is back. However, there is a bit of noise just above the current level in the form of the $32 resistance zone. The level will have to be overcome in order for us to buy this market at this point. The small move so far from the Wednesday candle could be a bounce, or it could be a bottom. At this point in time, it is quite difficult to tell. However, if we get that daily close above the $32 level – we are ready to buy and hold for a while. As for selling, we won’t do that until we close sub-$30.
Click here a current Silver Chart.
Originally posted here
