SILVER (XAG/USD) – Week 43 – Pullback before continuation.
Updated
In our previous analysis, we expected the price to enter a bearish phase from the resistance. Instead, the pair corrected and found more bullish momentum along the way.
In the coming days, we expect Silver to reach the confluence between the trendline and the support before resuming the uptrend.
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, we expect Silver to reach the confluence between the trendline and the support before resuming the uptrend.
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.
Trade closed: target reached
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