XAG/USD - Week 53 - Looking for sells

In our past Silver analysis, we predicted that the price would go down from one of the two liquidity levels highlighted on our previous chart. At the moment, we are in a bigger consolidation area and we expect more downside to come. In the long run we anticipate Silver to resume its bigger bullish trend, but for the short-term we will be focusing on the sell.
Trade safe & a Happy New Year!

Best regards,
Financial Flagship

Disclaimer: The analysis provided is just informal and it should not be used as financial advice. Remember that you need a plan before you start trading; so take this as your guide that will ultimately help you understand the market and easily predict your next move.

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