Silver markets fell on Wednesday as the 50 day EMA has offered a significant amount of resistance.
Enter your emailSilver is very dangerous under the best circumstances, so I do not see how this week is going to be a week that you want to be putting money to work in this type of environment.At this point in time, the market looks as if it could continue to drop significantly, although one of the things that you need to keep in the back of your mind is that there is a serious lack of liquidity out there, so you need to be cautious about your.
The next couple of days will probably be a complete waste your time, so whatever you do, I would simply wait for a couple of days and some type of impulsive move that we can follow at that point in time. Silver is very dangerous under the best circumstances, so I do not see how this week is going to be a week that you want to be putting money to work in this type of environment.
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