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weekly silver update

weekly silver update

weekly silver update

Last week silver was in deep red zone but friday it gave an extra ordinary move of 4%+ in single day which turned chart into a roller coaster , now if silver price click our weekly resistance of 17$ and manage to close above our resistance then expect silver to fire upto 18$ – 19$ .

If silver price click our support of 15$ and manage to close below our weekly support then expect silver to correct upto 14$ – 13$

Weekly silver update conclusion : Silver fired this friday more than 4% but still it need to stays above 16.50$ for a positive trend change so keep an eye on this level .

More will update in daily silver update

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About mohdarafat

Well nothing special about me a simple guy technical analyst by profession deals in commodities and major stock markets in the world

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