Silver

Silver stays bullish till the end of Aug. Though, it currently doesn't have dominant trading cycle (except annual one), Q-Sp gives the following projection line based on the cycles detected by T-Sp as well.

Annual cycle suggests expected cutback is corrective and is going to be accomplished by the middle of Aug. The long-run bearish turning point is dated to the 2nd of Sept.

TPA combined with projection lines suggests that during this bearish week price will find support at 21-22.30 and, then, will try to retest local high level 26.20. So, it is still more reasonable to trade bullish deal after the 1st decade of Aug to sell it at new high level.

M30 TPA shows possible fluctuated decline till the middle of Aug. Support 22.0-22.50; 23.75. Resistance 24.90-25.0.