Silver & Gold Go TogetherAs in Gold, expect an upward reaction from Silver when it reaches the Green Zone
Silver
SilverAs with Gold so is with Silver.
Still no visible Buying
Watch the Green Area for Critical Support
Silver Bulish?Silver Interestingly Poised ? Nicely Holding the Green Area ?
Bullish COT Report, Momentum Diverging on W, D & 240 min Charts.
With that in the background if the 4 Hour start closing above 16.250, the momentum can take it to 18.350.
Again 18.150 is Crucial area, if it is able to SOLIDLY sustain the up-move above 18.250-18.300 area, then medium term Silver is in bullish Trajectory.
Watch and Trade Bar by Bar.
Siver & Gold same way...Nothing much to say, as i had said everything in Analysing Gold.
same will be true for Silver
SILVER$ - Potential Reversal AreaSilver is possibly undergoing a fast three-wave correction that has retraced 50% of the previous cycle advance
$17.40-17.50 is potentially a strong support cluster and warrants a look for Long trades
