Silver price forecast – silver markets are in the trend line

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<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "The silver markets have recovered a bit during Friday's trading session in response to this Middle East airstrike, they killed the Iranian general, but frankly, they didn't detonate upward as you would expect. Indeed, as we are nearing the end of the session and it looks like we are pulling back a bit and respecting the previous uptrend line that should now offer resistance. This star-shaped candlestick could drive the market down again, and I think we need to build some momentum to break out. At the moment, it is very likely that the market will seek support at $ 18.00. A break above the candlestick tip would also be a very bullish sign pushing the market towards the $ 18.50 level, but ultimately higher than that. "Data-reactid =" 11 "> Trading somewhat rebounded Friday's session in response to the Middle East air strike killing the Iranian general, but frankly they didn't explode upwards as you would expect. In fact, we're nearing the end of the session and it looks like this As if we are pulling back a little and respecting the previous uptrend line that should now offer resistance, this star shaped candle holder could drive the market down again and I think we need to build a little momentum to do this at this point it is very likely that the market will tend towards support at $ 18.00, a break above the top of the candlestick would be too n very bullish sign and would move the market towards the $ 18.50 level, but th de sometime higher than that.

SILVER video 06.01.20

If all things are the same, the market is likely to find ample value beneath it, since silver has surely risen. However, I would not be surprised if I saw a retreat into the bullish flag to build enough momentum to finally climb higher. That being said, should the market break higher due to some kind of risk-off situation over the weekend, then we could get a big pacemaker. If all things are the same, we probably need to make a backup to find at least one value.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "This items was originally published on FX Empire "data-reactid =" 15 "> This article was originally published on FX Empire

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