SILVER (XAG/USD) – Week 41 – $21 territory?
In our previous analysis, we correctly forecasted the price to reach the resistance level. After that, the price got rejected and reversed.
In the coming days, if we get a trendline breakout followed by a correction, we are expecting Silver to break the previous low and head into the $21 territory.
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.
In the coming days, if we get a trendline breakout followed by a correction, we are expecting Silver to break the previous low and head into the $21 territory.
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.
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