By FXEmpire.com
The silver markets fell for the week as the markets have been chopping around just above the $30 support level. The weekly candle formed was a hammer, and this is a very bullish sign indeed. The $32 level just above is a resistance on the daily, so we are more comfortable waiting until we are above the $32 level in order to buy, but would be happy to hang onto silver if we do get that move. As for selling, we need to see a close sub-$30 in order to consider it.
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Originally posted here
