financialflagship

SILVER (XAG/USD) – Week 23 – Gaining bullish momentum.

Long
FX_IDC:XAGUSD   Silber / US-Dollar
Our previous forecast for Silver came true, as we anticipated the bearish move that took place last week.
In the coming days, we expect the price to break the orange trendline and make a new top.
Don’t forget that we are in a strong weekly bullish trend and in the medium-term to long-term we expect the price to reach the $50 psychological level.
Also, if you’ve missed our latest educational post about Silver, you can find it on our Tradingview page we’re we invite you to follow us.
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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