Silver is moving REALLY SMOOTH & easy to understand in terms of market structure. We saw market create its first impulse move to the upside in October 2022 (similar to Gold), which was then followed by a downside correction from January this year.
Silver didn't go below its last major low & last week created a bullish engulfing candle on the weekly TF, showing its huge bullish momentum. Silver en route to $36🚀
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Let's start the new week by updating you on our silver buy position, which was posted live for you all. Last week Silver moved an enormous 2,550 PIPS (10.30%) after a whole year of consolidating. This huge bullish move broke above the consolidation price action, indicating further upside is coming.