By FXEmpire.com
The silver markets fell most of the time this past week, only to bounce and form a hammer by the close on Friday. Because this has happened two weeks in a row, there is a serious threat of a bounce at this level now, and it has also outlined and highlighted the $26 – $25 level as massive support. The $30 level would have to be overtaken for us to get overly bullish in this market, and to be truthful, it is going to feel better shorting this market as the trend is down and the highs are getting lower and lower. With this in mind, we hope to get that short signal very soon.
Click here for further Silver Forecast.
Originally posted here
