ynjn

Silver about to determine its way

TVC:SILVER   CFDs on Silver (US$ / OZ)
Apparently SILVER is finding its way for next run. Its quite looks like its formed an trangle and waiting for its break out.

if it break below the trangle, on the support side 25 and 25.50 should provide sufficiend support. I wont surprize even if falls to 24.00USD. But, fall below it might signifies the end of current up trend in silver.

If the trangle breakout seems to be bullish, than 28.50 and 29 should act as resistance.

Happy Trading.

This is not financial advice.
We will not be liable if any losses occur.

Trading in the financial market carries risks.
Make sure to maintain proper money management to maintain the risk.



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.