By FXEmpire.com
The silver markets continued to do very little during the Tuesday session as the consolidation between $27 and $29 holds true. The inability to break out above the $29 level shouldn’t be a big surprise at this point as it has held so firm. The lows are starting to get slightly higher though, and this could suggest a move higher in the near term. However, until we get above the $30 level we cannot consider this a break out. A break below $27 has us selling, and the aforementioned breakout above $30 has us buying. In the meantime, we are on the sidelines.
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Originally posted here
