Nice fake move to a new cycle low, but this will not help unless the rectangle resistance area is cleared.
chart: investing.com
Nice fake move to a new cycle low, but this will not help unless the rectangle resistance area is cleared.
chart: investing.com
Silver closed the week with a bear trap that will be a low to refer to and popped up to the high end of a trading channel. Fibo resistance above will make a V-shaped recovery less likely though.
chart: investing.com
Trading higher than 2,75 would be the bullish reversal signal on the hourly.
chart: investing.com