![Silver (XAGUSD) Fundamentals - Weekly Outlook: 2014, July 20 - 27 Silver (XAGUSD) Fundamentals - Weekly Outlook: 2014, July 20 - 27](https://c.mql5.com/6/2/splash-1050.jpg)
![Mike Dennis Mike Dennis](https://c.mql5.com/avatar/2014/7/53B6B488-0369.jpg)
0
79
The silver markets fell during the course of the week, as the market
formed a red candle for the first time in over a month. That being the
case, the market looks like it could pull back a little bit, but would
find significant support at the $20 handle. If we get a supportive
candle in that general vicinity, we are comfortable buying this market.
On the other hand, if we break above the $22 level, we would be buyers
there as well. Selling is not an option at this point in time.