I was expecting silver to pull back and it did. I was hoping for a further pull back, but the TA says otherwise. Clearly we are testing into $18 where we may stall for just a moment, but longer term I believe that $20-21 silver is very doable. I have forcasted $40 for the next coming years, however, economic fundamentals may shift the longer term. This is not trading advice.
Note
Seems to be playing out now but lets see how the Macro economics and coronavirus come into factor this next week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.