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DeGRAM | Silver at the reaction zone
Silver Futures
Short
DeGRAM | Silver at the reaction zone
By DeGRAM
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Jan 6
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Jan 6
Silver dropped from the resistance and broke the lower border of the descending channel.
If we look closely, we can see that the price is near the reaction zone. It bounced off this level multiple times.
If the market fails to break through the resistance level, we can sell at that level.
We anticipate a breakout of the channel and further bearish moves.
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Chart Patterns
silveranalysis
silversignal
Support and Resistance
Trend Analysis
DeGRAM
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