The previous trading week silver had 1 week of slight increase to end the week, although there was a gain in green candle power, but near the last sessions of the previous week, selling force started to appear, that's why last week's candle beard Long candles signal unsustainable uptrend.
- On the D1 daily chart time frame for the last 6 trading sessions, Silver is still moving sideways in the range of 28.1 to 27.4 which is also the MA20 price area on the daily chart, which is still a support area for Silver. In our opinion in the near future, silver is likely to correct after nearly 2 months of strong gains and if it breaks MA20 above D1, it is highly likely that Silver will drop to around 26.7 in the next few trading sessions. next.
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