Hello Traders! Silver seems to be setting up a play here. As far as right now, I do not see a definitive setup to get into, but it may come up.
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Price action is not too easy on Silver right now, but I am still seeing it play out interestingly Price can be watched on the 15min for any potencial setups tonight
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Silver is ranging in a triangle. I am still anticipating a bullish B.O.
Both gold and silver are unbelievably tricky to play right now. But as your chart shows, all of this is going to be resolved sooner rather than later. Better to wait to see which way it goes than to get it. If it drops, it will drop big. If it goes up, it may still drop big from there.
DAVID_GIRALDO
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@SandiAlexiz, Yes, as you can see it is heading toward the trend line. Soon there is a chance to look into the possibility of a short