As we mentioned in our previous forecast, Silver continued to climb inside our bullish channel, bouncing back from the descending line. For this week, we anticipate the price to make a new top before correcting deeper. If you are not in the buy, wait for this correction to finish, as it could be a good investing opportunity. 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.
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