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nathanielx9
Feb 24, 2020 9:56 PM

Silver party night with the bulls and bears 

SILVER (US$/OZ)TVC

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Silver is a major key player in our HL call of $4. Last night/early morning for me it broke out of a bull pendant, but later on today it crash hitting a major support that’s forming at 18.592, which hopefully it can hold. I’m pretty bullish atm after what happen in the stock market, but we would have to wait 2hrs too see what Asia is gonna do.

No target for silver just hold the support and get above the 20ema on the hourly. It looks slightly over sold and macd is bearish, but we will have to wait. I go neutral, yet breaking above last nights high will show the Bulls can dance.
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