By FXEmpire.com
The silver markets fell again on Wednesday as the fear trade has come back, pushing the Dollar higher. The afternoon saw a bounce, and we formed a hammer at that point. Even with this obviously bullish candle, the real support was broken below already at the $30 level, so we treat this candle with suspicion. In fact, we would be willing to sell rallies at this point, and it looks as if the market is about to give us an opportunity. The $30 to $31 level should now be resistance, and we are willing to sell on weakness in that area.
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Originally posted here
