Silver forecast for the week of August 24, 2015, Technical Analysis

Silver markets went back and forth during the course of the week, but eventually ended up with a neutral candle. Because of this, we have no interest in placing longer-term trades, although we do recognize that perhaps silver is trying to form a little bit of a base below. If that’s the case, the one trade you could probably do is buy physical silver, and perhaps put it in your retirement account. Beyond that, there isn’t much for the longer-term trader to do in this particular marketplace as the volatility will continue.