What a strong month for silver.
gold staying around 1900 levels will keep silver near 23. ATH for gold just a step away. Retrace at 22.2, 21.5, 21.0 all possible. Long term bull, short term unbiased. Wiggle room here but holding longs regardless.
Ideas are not gospel
this analysis is very daring, however, we need to think about this pattern.
We can see a Head and Shoulders Continuation Pattern. What means that?
We are in a downtrend and a normal H&S confirmes the downtrend. A bearish continuation.
I drew the neckline between the low from the 12th of July and the 14th of August.
The left shoulder has it´s high...
I am back with more analysis.
Use them how u want them to use, this is my opinion and my way of profitable trading. I don't recommend following people blindly.
U can find the other "tradetostart's" on my instagram : FXB_Buddy
Check it out! The link to my website is also on there.