By FXEmpire.com
The silver markets had a slightly bullish week for the last five sessions, but still continued to grind around in a fairly tight range. The market continues to underperform its cousin gold, and as such we aren’t as interested in silver at the moment. This makes sense of course, as economy slowdown around the world there will be less industrial demand for the metal.
With speculation the central banks are easing, there very well could be a move higher in the silver markets in the near term. However, we are simply waiting to see that happen before we get involved. As for selling, it’s almost impossible until we get below the $25 mark which is significant support.
Click here a current Silver Chart.
Originally posted here
