XAGUSD Silver price forecast and trade ideas - down to 14.87 - Commodity Trading Today

The precious metal market has returned to its own way. The silver price shows that it has passed its peak.

I expected the major resistance of silver to be 16.22. And my prediction was right. The silver price is likely to drop to 14.87. Now is a good selling opportunity.

[Silver price weekly chart, XAGUSD]