bossmodetrader

Is SILVER run over?

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
It appears that we are still in a massive bear channel and this was a bear market rally. Both TVC:GOLD and TVC:SILVER appear to be overbought. Silver is showing a massive weekly shooting star . Might see another leg up (within the channel)but then a decline to find another bottom. Looks like it got all the FOMOs out there. Unless we break out of this bear channel staying bearish .

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