CFDs on Silver (US$ / OZ)Updated Silver Analysis
Welcome Back!
Today I wanted to take a look at silver to find the next area of accumulation.
Taking a look at the monthly, silver has been retracing for the last 5 years and it doesnt look like its quite done yet.
Prices recently broke out of a descending traingle, indicating further bearish continuation.
However, 3 waves are often short lived so the best thing to do is buy support.(Genius I know)
My buy zone is going to be the $8-$10
God Bless,
Today I wanted to take a look at silver to find the next area of accumulation.
Taking a look at the monthly, silver has been retracing for the last 5 years and it doesnt look like its quite done yet.
Prices recently broke out of a descending traingle, indicating further bearish continuation.
However, 3 waves are often short lived so the best thing to do is buy support.(Genius I know)
My buy zone is going to be the $8-$10
God Bless,
Note
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.