SILVER (XAG/USD) – Week 34 – Correction for one more low
In our previous analysis, we forecasted that the price will make a pullback and make another bullish impulse towards the resistance area. Instead, the pair ranged the entire week.
In the coming days, we foresee the price to correct having a chance to make a new low and fall into the $22 territory. Our bias still remains bullish, but we will have to wait for a confirmation.
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 foresee the price to correct having a chance to make a new low and fall into the $22 territory. Our bias still remains bullish, but we will have to wait for a confirmation.
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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