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ProSignalsFx
Oct 9, 2020 4:24 AM

SILVER STRUCTURE ANALYSIS| RESISTANCE AHEAD Short

Silver FuturesCOMEX

Description



SILVER IN A RANGE, MOVES IN A CHANNEL, APPROACHING STRONG RESISTANCE.
(1) Given the strength of a level, I am bearish till the level is broken
(2) However, no shorts till the channel is broken.
(3) Thus, either wait for breakout upwards,
(4) Or wait for a reversal sign in the channel and breakout.

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Comments
ProSignalsFx
What do you think?
Mohd2020
Yes I think you are right. Unless some fundamentals news pop up. Thank you
ProSignalsFx
@Mohd2020, yeah, fundamentals can break perfect technical analysis. Let's see how it goes!
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