Pretty similar to Gold, Silver also failed to break above resistance yesterday and started to roll back down.
A few hours ago, the price touched short-term support and is now seeing a minor rebound.
However, the structure has clearly turned bearish, with lower highs confirming momentum exhaustion.
If 47.50 support breaks, a visit to 45.50 becomes highly probable — and even a test of the psychological 45.00 level shouldn’t be ruled out.
My strategy is to sell rallies, ideally near intraday resistance, following the medium-term bearish bias.
A few hours ago, the price touched short-term support and is now seeing a minor rebound.
However, the structure has clearly turned bearish, with lower highs confirming momentum exhaustion.
If 47.50 support breaks, a visit to 45.50 becomes highly probable — and even a test of the psychological 45.00 level shouldn’t be ruled out.
My strategy is to sell rallies, ideally near intraday resistance, following the medium-term bearish bias.
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals
💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.