SILVER (XAG/USD) – Week 38 – Falling under $22?
In our previous analysis, we were expecting the price to bounce off from the support level and make an attempt and reach the resistance area. Instead, the price broke the support and almost broke the previous low.
In the coming days, we expect the price to reach the $22 psychological level, as the daily correction that started in August 2020 is reaching its end.
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 days, we expect the price to reach the $22 psychological level, as the daily correction that started in August 2020 is reaching its end.
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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