@jojofang0901, yes, that could be the case, but IMHO longer term direction is more downside, to break 78.0 lows.
jojofang0901
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@My_Forex_Wave, Certainly can happen. :) I like the overall continuation structure to go downside more once breaks out. Thank you
BakiShirzadi
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What do u think of silver?
My_Forex_Wave
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@BakiShirzadi, for now, my main expectation is upside, but longs are limited now, have to wait for correction before taking any position.
My alternative count is that we are at the peak of a bigger expanding flat and can start to drop breaking the low, before major up move, but that scenario has to be confirmed by price action behavior.
tradingview.com/x/zlfLizIQ/, What's your view on silver mate ?
BakiShirzadi
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@My_Forex_Wave, ty same idea, expect I'm more inclined to ur first forecast
My_Forex_Wave
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@BakiShirzadi, yes, seems like a good investment for a few years.
Otherwise we'll see how it goes, 🔍