That was a close call! Silver has missed our alternative scenario by a hairās breadth by popping above the resistance at $25.49. As it has gotten its act together just in time though and has drawn back again, we still expect silver to return into our pink trend channel to move downwards below the support at $21.41.
However, although it has been narrowly avoided, our alternative scenario with a probability of 45% remains. If it prevails, silver should rise into the blue zone between $25.88 and $29.34 first before turning around again.
However, although it has been narrowly avoided, our alternative scenario with a probability of 45% remains. If it prevails, silver should rise into the blue zone between $25.88 and $29.34 first before turning around again.
š Daily market insights combining macro + Elliott Wave analysis
š Spot trends early with momentum, sentiment & price structure
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š Spot trends early with momentum, sentiment & price structure
š Join thousands trading smarter at hkcmglobal.com
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š Daily market insights combining macro + Elliott Wave analysis
š Spot trends early with momentum, sentiment & price structure
š Join thousands trading smarter at hkcmglobal.com
š Spot trends early with momentum, sentiment & price structure
š Join thousands trading smarter at hkcmglobal.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.