consolidated wedge happening across commodities

Jul 19, 2023

Over the past few sessions we could see the kind of impact the consolidation patterns have on silver , gold and even in Natural gas to some extent . Now the same appears in the pattern again . Make sure to observe their behavior once there's a breakout / breakdown .

Jul 19, 2023

Note

Although incase of silver the trend shows some sort of exhaustion . A breakdown would trigger good profit booking . On the other hand a breakout could trigger an impulse move all the way to its All time High around 78,000

Jul 21, 2023

Trade closed: target reached

Setup worked like a charm