xag usd weekly outlook for 6 to 10 june 2016

xag usd weekly outlook for 6 to 10 june 2016 Xag usd or silver spot this week closed with strong gain. On weekly chart silver is bottom out from short term view.   For next week, xag usd outlook will be bullish and trading strategy is buy at support zones for big targets on upside. On downside xag usd support zones are 16.15 and 15.75 while on upside 16.8 and 17.1$ are strong resistances.   On monthly chart, silver already bottomed out and expect 18.5 to 21.35$ as medium to long term targets.

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Pramod Baviskar

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