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Silver News and Analysis

FxEmpire : The silver markets broke higher during the course of the day on Wednesday after initially testing the $16.50 level. With this bullish candle, it looks as if we are going to head to the $17.50 level, and it’s also possible that we break out above there. In the meantime though, we believe that silver is probably a better longer-term investment, and not necessarily a trade. We believe that physical silver might be one way to play this market, as well as options. Trading the futures market in this type of volatility is going to be a bit difficult.

Silver Chart

silver chart


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