Silver Price Forecast September 6, 2017, Technical Analysis

Silver markets went sideways initially, but then rallied towards the $18 level. We have seen a significant amount of resistance at that level, so the pullback makes quite a bit of sense. If we can break above the $18 level, I think the market goes towards the $18.50 level. I also see support at the $17.75 level, so expect volatility. Longer-term though, I think the market continues to go higher. Pay attention to the US dollar, as this market tends to move in the opposite direction longer term. Expect volatility, but the market certainly looks healthy.

SILVER Video 06.9.17