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AndreyVasylyuk
Jul 12, 2023 12:38 PM

SI1! (Silver Futures) SHORT to $18.50 Short

Silver FuturesCOMEX

Description

In a few days COMEX:SI1! will probably break down MA 200 on 1W and go down to first $18.50 price target in its long way to $13-$16.

Technically Silver Futures finishes C wave in its big correction move.

Trade active


Good time for short
Comments
piyushin2020
are you still sticking to your analysis? wave seems to be off. it has broken major resistance in a flash.
AndreyVasylyuk
@piyushin2020, I'm in until we break 26.47
MACD 1D predicts upward movement.
MACD 1W predicts downward movement
piyushin2020
@AndreyVasylyuk so divergences all around. let's see what happens. I strongly feel major retrace should happen next week as RSI is way too overheated.
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