In the past week, Silver continued to climb inside our upper channel, breaking the resistance level, as we previously mentioned. For this week, we anticipate the price to make a pullback and continue the bullish trend that started at the end of March. Don’t forget that we are in a strong weekly bullish trend and in the medium-term we expect the price to reach at least the $35 level. 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.
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.