For Comex Traders Just Keep Eye On $16.88
Silver Spot If Hold And Close Above $16.88 We See Only Blast Blast $17.10 — $17.35
“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
Mobile No. 9582247600 & 9899900589
Silver (CME) is likely to reach $18.50 an ounce in third quarter of 2018, and maybe even hit 2016 highs of $21.50 an ounce by the four quarter, based on a combination of technical, sentiment, seasonal, and fundamental factors.
Silver has been trading sideways the past three months. Technical analysis indicates that it has been trading in the narrowest range since 2002 when looking at Bollinger Bands, which could indicate a return of volatility soon.