As we mentioned in our previous analysis, the Silver price dropped in our target zone and it looks like it is heading towards the orange trendline.
For this week, if the price reaches and then breaks the trendline a bullish move is strongly on the cards. Keep in mind that the weekly trend is extremely bullish and this bearish move that we witnessed is only a correction. We will only focus on the buy setups, as this will turn out to be a great investment opportunity.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.