Thus also in the current example to silver numerous turning dates could be limited very precisely.
Silver has been in a technically clean uptrend with rising highs and lows since around mid-December. The backed high of February 24 (cyclically calculated turning point) has arrived with a tolerance of one day!
Currently, a further price decline is to be expected until around March 01 .
A temporary stab through the lower boundary level of 25.90 USD cannot be ruled out. Then, the price should experience a stabilization and lead to an approx. 2-3 day upward impulse.
Three special analysis methods are used within our trading strategy. In this article only partial aspects were published and represents neither a complete trading system nor an investment advice or purchase recommendation.
For now I don't see interest on this up move; just watching!