In our past Silver analysis, we predicted that the price would go down from one of the two liquidity levels highlighted on our previous chart. At the moment, we are in a bigger consolidation area and we expect more downside to come. In the long run we anticipate Silver to resume its bigger bullish trend, but for the short-term we will be focusing on the sell.
Trade safe & a Happy New Year!
Best regards,
Financial Flagship
Disclaimer: The analysis provided is just informal and it should not be used as financial advice. Remember that you need a plan before you start trading; so take this as your guide that will ultimately help you understand the market and easily predict your next move.