Bearish silver
From the weekly perspective, it’s obvious that a downtrend range has been there for a long time. The current level is a great short level, but I think silver might retest the .618 retracement level (16.147). I will consider shorting at this level(a little bit) and 16.147(a lot). SL at 17. TP at 11.5
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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.