No change in view.
Silver looks bottoming out and as long we hold cloud support 23.70, we should have a chance to move back to 26.00 above coming weeks. The SMA strength indicator is low which means in the move down it is not expected to move sharply lower, and that recovery is likely for now.
Strategy BUY @ 24.20-24.60 for a move to 25.97 for now. stop-loss below 23.70.
Silver looks bottoming out and as long we hold cloud support 23.70, we should have a chance to move back to 26.00 above coming weeks. The SMA strength indicator is low which means in the move down it is not expected to move sharply lower, and that recovery is likely for now.
Strategy BUY @ 24.20-24.60 for a move to 25.97 for now. stop-loss below 23.70.