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FWP Network > Forexhound.com > Analysis > Commodities Analysis > Metals > Technical forecast for Silver
Technical forecast for Silver
Metals · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast
Silver short term outlook is more positive as we now look to target 20.15/17. We could continue higher in fact for a test of this month’s high at 20.28 with any further gains likely to reach Fibonacci resistance at 20.75/85 for a selling opportunity this week.
Immediate support is 19.85/80 & a buying opportunity at this stage.