by Steve St. Angelo
How silver trades over the next week will set a significant trend for the next month. A close above the key level means silver continues to consolidate, and a close above could set up another move towards $30. Since silver reached $30 a few weeks ago, it has been consolidating, which is a typical pattern after a significant breakout.
In my newest video update, IMPORTANT SILVER MARKET UPDATE: Next Week Price Action Will Set The Trend, I explain why silver must close above this key level in order for it to remain in a bullish trend in September: