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Silver markets went back and forth during the week, forming a massive hammer. The hammer is mirrored by the previous hammer, suggesting that there is quite a bit of buying pressure. The uptrend line underneath should continue to push the market to the upside. If we can break above the $17 level, the market should then go to the $17.50 level above, and the $18 level beyond that. I believe that the market continues to be one that you can buy, but I would do so in small positions, or even perhaps in a no leveraged situation.

SILVER Video 03.7.17

This article was originally posted on FX Empire

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