fredpui

$si $silver another leg down expected

Short
COMEX:SI1!   Silver Futures
Downside expected for Silver

Silver should be heading down towards the 19.60 level.
It has gone 26 days down and 9 days up to 50% level.

a good entry for selling would be below the oct 8 bar.

Silver isn't as volatile as gold in terms of prices and you won't experience the wild swing in gold as seen on Oct 8

I am expecting gold down as well around Oct 13

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.