Comparing Gold and Silver in 4H Up Trend Channel.
Silver is not making the higher high in the last rally, and this added risk for Silver to slip from the uptrend channel.
Happy Trading and Trade with Discipline and Follow the correct TraderWorkFlow. :)
Silver is not making the higher high in the last rally, and this added risk for Silver to slip from the uptrend channel.
Happy Trading and Trade with Discipline and Follow the correct TraderWorkFlow. :)
Comment:
Indeed, Silver first unable to sustain the uptrend line based on the fact weakness seen in the last rally. This is the beauty of Technical analysis to understand what the chart telling you and act accordingly.