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Silver Seems Ready To Bounce Amid Extended Tension

Published 09/23/2017, 03:38 AM
Updated 07/09/2023, 06:31 AM

Silver futures price seems ready to bounce from “Decisive Trading Zone” to “Upper Consolidation Zone” during the Week of September 24th, 2017 amid growing geopolitical concern with North Korean leader Kim Jong Un vowed to make a "mentally deranged" Trump pay dearly for an earlier threat to “totally destroy” North Korea if threatened.

On analysis of the movement of Silver futures price on September 23rd, 2017 in the same chart pattern, which I noted in my last analysis, I conclude that the Silver futures price seems ready to move upward during the forthcoming week. I present an expected propositional trading zone in the same chart pattern in different time zones. Opening on the first trading session of the Week will confirm the final directional move of the Silver futures price.

Have A Nice Trading Time. Good Luck!

Disclosure: This content is for information and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital you are prepared to lose.

Silver futures price 1 Hr Chart - Expected Propositional Trading Zone For The Week Of September 24th 2017

Silver futures price 4 Hr Chart - Expected Propositional Trading Zone For The Week Of September 24th 2017

Silver futures price Daily Chart

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