Silver one more leg down, then up. Bullish long term
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Silver is in a flagging range, I see it making one more possible move down 61.8% or as far down as a clean sweep to 78% before the rise up. Short idea would be to bottom of range and to wait for a buy setup. I would only wait for buy setups. Good luck and I hope you like this idea!
Note
Silver moving up breaking flag. Could do anything really. Just waiting for a buy setup. No shorting of silver, just buying.
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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.