Last week silver outperformed gold prices and it tested near 15$ but finally closed 50 cents down from highest level of the week but unlike gold it did’nt close near weakest level of the week , now silver prices need to break 14.30$ and close below this weekly silver support to resume its bear run once market fulfill this trading condition silver may test upto 13.80$ – 13.20$ and even more

If silver price click our weekly silver resistance of 15.05$ and close above our major resistance then expect buyers to have upper hand in silver upto 15.50$ – 16.10$

Weekly silver forecast conclusion : Silver trend is weak but last week silver outsmart bears and eaten many traders selling stoploss so once china open then we would be more clear on silver trend

More will update in daily silver update

By marafat