The corrections on Silver and Gold have not been finished yet. However, on EUR/USD this the contrary is the case. Those correction of cycle II has been finished.
On Silver this is not the case yet. We should wait for cycle II to complete and of course buy there with a lot more certainty.
May God bless you!
Good luck.
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Volatility is very high. Make sure how to trade this, because it can be dangerous.
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No clue what happened here. :) I guess the commodities market is just very uncertain. I closed this last week I guess.
If this day closes above the wedge, the breakout up will be confirmed.
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The labeling went wrong at some points.
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TAtrader
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4h update
albertwt
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So when is the good time to buy Silver on the chart above ?
TAtrader
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In the bottom range, so at 15,25 would be the best entry.
TAtrader
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According to this old chart.
TAtrader
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The pink pattern is not correct: it is a rising wedge.