financialflagship

SILVER (XAG/USD) – Week 19 – Price moving inside the channel.

Long
FX_IDC:XAGUSD   Silver / U.S. Dollar
In the past week, Silver continued to climb inside our upper channel, breaking the resistance level, as we previously mentioned.
For this week, we anticipate the price to make a pullback and continue the bullish trend that started at the end of March.
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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