By FXEmpire.com
The silver markets fell for most of the session on Friday, only to bounce again and form a hammer. The market has been struggling to continue the freefall after the breaking of the $30 level. The level should still be resistive at this point, and unless we close above that level on a daily chart – we aren’t willing to buy. The selling of silver is going to be difficult unless we get a bounce first as there has been a bit of supportive action lately. A bounce to the $30 level would be a great place for selling weakness.
Click here a current Silver Chart.
Originally posted here
