SILVER Price Short Term Forecast (Spot, XAGUSD) - SELL(Short)
The precious metal market seems to be getting ready to go down.
Most experts expect gold and silver prices to continue to rise. And investors seem to think so.
However, my opinion is different. The price of precious metals has reached a peak, and it is now likely to begin to decline. Silver prices are likely to drop relatively more than gold. It is better to sell silver.
SILVER Price Forecast and Trading (Spot, XAGUSD):
Swing SELL(Short)
Eentry Price above 15.57
1st Target Price 14.61 (+0.96pt, +6.17%)
Stoploss Price 15.74 (-0.17pt, -1.09%)
[Siver price daily chart, XAGUSD, Spot silver]
Most experts expect gold and silver prices to continue to rise. And investors seem to think so.
However, my opinion is different. The price of precious metals has reached a peak, and it is now likely to begin to decline. Silver prices are likely to drop relatively more than gold. It is better to sell silver.
SILVER Price Forecast and Trading (Spot, XAGUSD):
Swing SELL(Short)
Eentry Price above 15.57
1st Target Price 14.61 (+0.96pt, +6.17%)
Stoploss Price 15.74 (-0.17pt, -1.09%)
[Siver price daily chart, XAGUSD, Spot silver]