Silver W Bottom retest completed at 26 Time to accumulate
Silver W Bottom retest completed at 26 Time to accumulate. You can keep 50 dma as stop loss and it seems to be respected in recent fall. It is only matter of time before breaking out and patience required to succeed in silver.
Double bottom , Reverse Head and shoulder pattern.. So many bullish pattern visible in Silver.
I am not sure how long bear can defend 29 to 30 resistance.. Once this resistance is broken.. my next target remains 8 dollars above 29.5 (which is length of rectangle pattern...) and comes around 37 to 38 dollars..
Double bottom , Reverse Head and shoulder pattern.. So many bullish pattern visible in Silver.
I am not sure how long bear can defend 29 to 30 resistance.. Once this resistance is broken.. my next target remains 8 dollars above 29.5 (which is length of rectangle pattern...) and comes around 37 to 38 dollars..
