Silver Forecast: Correction Underway?
Silver touched the level of 26.25 and formed a bearish engulfing at the end of the past trading week. The asset’s price might potentially undergo correction and retest the level of 24.75. So, let’s observe when it is likely to happen.
The Canadian dollar is approaching the price cluster formed by the broken downtrend and the lower side of the symmetrical triangle. In this case, it would be interesting to follow the candlestick formations next to these trendlines to predict the possible timing for the potential pullback:
Bitcoin is still likely to undergo correction from the resistance level of 30000 and target the supporting level of 25200. Time will tell when it might happen.
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