Silver gave a zig zag last week it cracked from 15.20$ to 14.70$ and then travelled straight to 15.62$ ( we updated our resistance at 15.63$ in our daily silver forecast and it retraced 50 cents from there beautifully last friday ) almost 200 pips movement in both side done by silver last week and it closed a bit lighter than gold at 15.30$ , now silver has a good technical resistance at 16.05$ once market click and close above this level then good days for silver buyers upto 16.90$ – 17.80$ not ruled out
If silver rate click our weekly silver support at 14.70$ and market close beneath this level then expect bears to have upper hand upto 14.20$ – 13.50$ and even more possible
weekly silver forecast conclusion : Market is positive for now so avoid any major selling
More will update in daily silver forecast