By FXEmpire.com
The silver markets rose on Friday as the bounce from the $27 level continues to power forward. However, the market is without a doubt very bearish overall, and the move should only set up the market for the bears to reenter with shorts from a higher level. The demand for silver is waning as the industrial numbers around the world continue to slide in general. Adding to the fact that the US dollar is by far the most favored currency, this market should continue to be weak on the whole. As a result, we are looking to sell on weakness, especially if it is near the $30 mark.
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Originally posted here
