Silver prices had better week than gold , it made low of 14.67$ and after that it recovered nicely and made high of 15.67$ filling almost 100 pips range in a week which is not bad at all compare to gold which had only few movements entire week , now if silver price click our weekly technical resistance of 16.25$ and close above this resistance then expect silver to rush upto 17$ – 17.90$

If silver price click our weekly support of 14.50$ and close below our major base level then expect a correction upto 13.70$ – 12.80$ in silver rates

Silver next week forecast conclusion : Silver trend is flat to positive for now but major trend decider would be Greece’s financial crisis outcome which may or may not come next week , only that will decide which is next in silver or gold till then follow technical levels strictly

More will update in daily silver forecast report

By marafat