Silver Price Forecast September 4, 2017, Technical Analysis

Silver markets went sideways most of the day, but once we got the lower-than-expected jobs coming out of the United States, precious metals rallied. The $17.50 level offering support going forward is my expectation, and I believe that we will eventually go to the $18 level. I believe in buying pullbacks, as the US dollar will continue to struggle. If we do break above the $18 level, I think that the market can go much higher. I don’t have any interest in shorting Silver anytime soon, and therefore look at pullbacks as value.

SILVER Video 04.9.17