Silver does not show anything that could be associated with a bearish trend change.
The instrument got into a long consolidation before the strong level of 28.33.
The trend channel has been broken, but there are no impulse downward movements.
Since outside the flat we have two lines, strong support and resistance, decreasing highs and rising lows, it is difficult to say what will happen next and in which direction the instrument will come out of accumulation at the moment.
I can only assume that it will be much more difficult to break and break through a strong uptrend and a strong support level than to follow the trend and go through a weak resistance.
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The instrument got into a long consolidation before the strong level of 28.33.
The trend channel has been broken, but there are no impulse downward movements.
Since outside the flat we have two lines, strong support and resistance, decreasing highs and rising lows, it is difficult to say what will happen next and in which direction the instrument will come out of accumulation at the moment.
I can only assume that it will be much more difficult to break and break through a strong uptrend and a strong support level than to follow the trend and go through a weak resistance.
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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🔻FREE Telegram channel🔻
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