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SILVER (XAG/USD) – Week 20 – Moving inside the channel.

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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.

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