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nmcapital44
Dec 11, 2021 7:54 PM

Silver weekly analysis  

SILVER (US$/OZ)TVC

Description

As you can see in the chart Silver is making lower high on weekly time frame and after 3 weeks of down fall we can expect a bounce back from next week.

21.50 is very important support area, if closes below the level will attract heavy selling.

Let it consolidate for 1 or 2 days then buy above recent high.
We can head back to 23.50

Closing above 22.50 will confirm up move.

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