CFDs em Prata (US$ / OZ)
Short

Silver's Rally Is About To Exhaust

418
Silver has outperformed gold with a huge margin this year

On the 4-hour chart the price perfectly fits into the blue uptrend channel

The 5-wave sequence is almost complete with the following signs of soon trend exhaustion:
1) triangle in the trend usually makes for wave 4 of 5 of (5)
2) price approaches the top of the channel for the third time already
3) RSI "doesn't buy" the current rally showing lower readings at Bearish Divergence

The strong support is located at the bottom of wave 4 at $56.4

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