Silver Weekly Price Forecast – Silver Markets Form a Massive Shooting Star

Silver markets have spent most of the week trying to rally, but above the $28 level we continue to see a lot of selling pressure. By forming a massive shooting star, it suggests that the market is probably going to pull back again, but I think this will end up being a buying opportunity before it is all said and done. Ultimately, the market is likely to see buyers underneath, as we have seen a massive trend line form and basically what could be thought of as an ascending triangle.