Friday, 10 September 2021
17:36 PM (WIB)
Overall, Silver is on Downtrend Channel with moved on higher high and higher low before crashed happen and hit the very strong support at $21.800. At this point, Silver start creating new uptrend lines and moving upside again in higher low of downtrend channel. Is it a Bears flag? I see this uptrend lines as euphoria of buyers, because it happens from the crashed. Now Silver moving at the lower low of uptrend lines that seems as the last support, that shows from twice of Bullish Engulfing, but failed to attracting global buyers at current time.
At the moment, Silver still in range between $23.900 to $24.500. Not too much for major Trader to trades on Silver.
Best regards,
RyodaBrainless
“Live to Ride and Ride to Live”
17:36 PM (WIB)
Overall, Silver is on Downtrend Channel with moved on higher high and higher low before crashed happen and hit the very strong support at $21.800. At this point, Silver start creating new uptrend lines and moving upside again in higher low of downtrend channel. Is it a Bears flag? I see this uptrend lines as euphoria of buyers, because it happens from the crashed. Now Silver moving at the lower low of uptrend lines that seems as the last support, that shows from twice of Bullish Engulfing, but failed to attracting global buyers at current time.
At the moment, Silver still in range between $23.900 to $24.500. Not too much for major Trader to trades on Silver.
Best regards,
RyodaBrainless
“Live to Ride and Ride to Live”