Silver prices did not move anywhere last week as it was waiting for Greece outcome and again major driver of prices would be Greece Referendum , So if silver click our major weekly support of 15.20$ and close below this level then expect correction upto 14.30$ – 13.20$
If silver click our resistance of 16.30$ and close above this major resistance then expect silver to race upto 17$ – 17.80$ in short term
Silver this week prediction conclusion : Major trend in silver will be decided after Greece vote and not only referendum decision but market reaction after voting need to be seen before taking any major positions in silver or gold , How dollar reacts and how stock markets would react after voting decision this will be required to determine the trend of silver for next week , till then avoid any bulk position in silver or gold as it may move anywhere and big movements are due in gold silver since many weeks
More will update in daily silver levels