SILVER (XAG/USD) – Week 33 – Gaining bullish momentum.
In our previous analysis, we correctly forecasted that the price will make a pullback and make another bullish impulse.
In the coming week, we foresee the price to correct and continue towards the resistance area. At that level, we will monitor the price action and decide if we go for one more low or we will continue to the upside.
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 week, we foresee the price to correct and continue towards the resistance area. At that level, we will monitor the price action and decide if we go for one more low or we will continue to the upside.
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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