Silver has broken it's longterm trend line on pretty much every single indicator i've looked at, and the price has of course then followed suit.
Right now it's forming a bearish flag, soon it will drop again.
I'm guessing silver will find heavy support at the 23-22$ level, and if that level breaks, yea, the people who held their short will be real happy :)
(Do your own research before jumping into something, i'm just a random dude on the internet)
Right now it's forming a bearish flag, soon it will drop again.
I'm guessing silver will find heavy support at the 23-22$ level, and if that level breaks, yea, the people who held their short will be real happy :)
(Do your own research before jumping into something, i'm just a random dude on the internet)
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RSI...
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MACD...