Silver Market: Next Week Price Action Will Set The Trend

A close above the key level means silver continues to consolidate, and a close above could set up another move towards $30.

Silver trades over the next week will set a significant trend for the next month. A close above the key level means silver continues to consolidate, and a close above could set up another move towards $30. Since silver reached $30 a few weeks ago, it has been consolidating, which is a typical pattern after a significant breakout.

In my newest video update, I explain why silver must close above this key level in order for it to remain in a bullish trend in September:

Video Length: 00:08:08

 

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