Silver Technical Analysis

COMEX:SI1!   Silver Futures
Although the price is strongly moving upside, but strong resistance is ready to resist it & so i'm predicting in advance a particular price action here. So on that basis it can be assumed that price is ready to go down & will break the lower blue channel to hit the lower target shown by red channel.

If it breaks the upper blue channel satisfactory it will hit the upper target.

Be careful while watching the price action in any of the blue channel.

Note : Only for educational purpose


Wow what a decent reversal from the blue channel
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