SILVER (XAG/USD) – Week 17 – Expecting another bullish impulse.
Updated
In the past week, Silver broke the previous top and then started to pullback.
For this week, we anticipate the price to increase from the lower channel line where we can find a confluence zone with the liquidity pool.
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.
For this week, we anticipate the price to increase from the lower channel line where we can find a confluence zone with the liquidity pool.
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.
Trade closed manually
Related publications
Disclaimer
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.