Silver forecast for the week of September 18, 2017, Technical Analysis

Silver markets tried to rally during the week but turned around to form a shooting star. The shooting star since above the $17.50 level, so if we break down below there I think we will get a pull back to the $17 level. Alternately, if we can break above the $18 level, we should go looking towards the $18.50 level. The market is a bit overextended, and had recently rally due to a “risk off” trade, but that seems to be unwinding. I suspect that we are going to see selling pressure sooner rather than later.

SILVER Video 18.9.17