silver is following a 17 days period for the upside as u can see from the chart updated above, so it maybe run to July 23th for the temporarily top, then consolidate again
critical price for now, breaking out will see 21 soon, else we shall retrace a little bit
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reached 21, channel holding here???
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silver topped today at fibo 2.0 level at the end of 17 day period. here is the gann fan chart. we have reached the pink line support around 21.3/21.4, breaking below shall see 20.6 which is a strong support. waiting for PA.
Good morning rabbit food , thanks for your analysis of Silver price action , i did a intense study Of all the prime metals of less say 60 hr time-frame to present ! :-) Using my trend analysis studies that i morphed into a simple hybrid discipline tool yet to develop into a pine algorithm ; work is slow progress ??? Any-who your 17day ma analysis is good thinKing , your welcome to review my last 5 or so charts past profiles it could be enlighten your studies in all aspects of trading ??? And especially prime metals ??? As always good & fruitful trading :-) Megalo>