Silver forecast for the week of September 4, 2017, Technical Analysis

Silver markets broke higher during the week, clearing the $17.50 level. The market close towards the top of the candle, and that of course is a very bullish sign. Because of this, I think that the market will eventually break towards the $18 level above, which would be resistive as well. Move above there is very bullish. It looks as if precious metals will continue to get a bit against the US dollar, as it is struggling overall. The smaller than expected gain in jobs in America certainly won’t help the greenback either.

SILVER Video 04.9.17