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weekly silver trend analysis

weekly silver trend analysis

weekly silver trend analysis

XAG/USD ( Silver ) prices cracked up with silver prices last friday and it closed below 15.90$ , silver price did not crash like gold but it closed below good support of 15.90$ , so now if silver price click our weekly support of 15.20$ and manage to close below our weekly technical support then expect silver to correct upto 14.30$ – 13.20$ .

If silver price click our daily resistance of 16.55$ and manage to close above our daily weekly resistance then expect silver to fire upto 17.30$ – 18.20$ .

Silver trend weekly analysis conclusion : Silver looking weak

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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