Silver followed gold path and silver price traded between 14.60$ – 15$ most of the times but it updated its low at 14.38$ but it reversed beautifully from there and silver remained above 14.50$ which gave a positive biased to buyers and they fired prices upto 15$ before closing and gave a final close at 14.80$ . This week silver price may outperform gold due to its last minute spike , If silver price click our weekly technical resistance at 15.80$ and close above this resistance then expect silver to boost upto 16.45$ – 17.10$
If silver prices click our technical support at 14.20$ and manage to close beneath this major weekly support then expect another bloodbath in silver upto 13.50$ – 12.80$ and even more
Silver price prediction conclusion : Silver trend is flat but it might turn positive this week so keep an eye on daily silver levels
More will update in daily silver price forecast