SILVER (XAG/USD) – Week 11 – Correction will continue.
As we predicted in our previous market outlook, Silver entered a consolidation phase.
For this week, we expect the price to test the resistance located at the $27 area, before resuming it’s journey towards our $24 target.
Supported by a strong Weekly bullish trend, Silver could provide a great investment opportunity, having a great chance to reach the $35 landmark.
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 expect the price to test the resistance located at the $27 area, before resuming it’s journey towards our $24 target.
Supported by a strong Weekly bullish trend, Silver could provide a great investment opportunity, having a great chance to reach the $35 landmark.
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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