SILVER (XAG/USD) – Week 31 – Bigger degree correction.
In our previous analysis, we forecasted that the price will drop towards the support. Immediately after it made a strong bullish impulse.
In the coming week, we foresee the price to enter a bigger consolidation phase that has the potential to become a slow start to a bullish impulse, but that remains to be seen in the near future.
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 week, we foresee the price to enter a bigger consolidation phase that has the potential to become a slow start to a bullish impulse, but that remains to be seen in the near future.
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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