TradingView
DeGRAM
Jan 6, 2024 5:13 PM

DeGRAM | Silver at the reaction zone Short

Silver FuturesCOMEX

Description

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.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
DeGRAM
Good luck in the markets and have a great weekend!
More