SILVER (XAG/USD) – Week 20 – Moving inside the channel.
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.
📢Check out our:
📹YouTube channel: https://www.youtube.com/channel/UCCuNa5RtvO5L0XibdSOBz8Q
🌍Website: https://www.finflagship.com/
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.
📢Check out our:
📹YouTube channel: https://www.youtube.com/channel/UCCuNa5RtvO5L0XibdSOBz8Q
🌍Website: https://www.finflagship.com/
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