By FXEmpire.com
The Silver markets continued to grind on Wednesday as the market simply cannot find any traction. The silver markets are being deflated by the lack of industrial demand, and the silver markets will continue to underperform the gold markets as a result. The $27 level below could be considered the “floor” of recent trading, and if it gives way – we would be massive sellers of this market. The $30 level above is a large resistance area that the market will have overcome in order for is to buy silver at this point. In the mean time, we are staying out of this overly choppy market.
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Originally posted here
