Weekly and daily fractal resistances positioned at 97.44 with support at 96.67;
Targets for the eventual inverted head and shoulders at 99.14;
Bearish shark patterns projected at the default fib extensions, between the 161.8% and 224% fib levels, with the 224% projected right at the monthly fractal resistance, forming another symmetrical behavior, very...
Gold/silver also trading a potential fib reversal at 224%.
Let's see how Silver will perform now trading a crucial resistance price zone between trendlines, horizontal and fractal resistance and the formation of the pattern now rejecting the 224%.
The default target for the cup and handle formation projected at the monthly fractal resistance forged at 66.46, the bearish gartley pattern, if forged, should force a retest of the broken fractal, and the eventual bearish crab pattern projected 98$.
Technical double bottom at the right shoulder now supported by one ascending structure trendline forming the bullish 2618 at the golden fib but also by the 200 moving avarage.
The projections for 2618 pattern formation sending the price for a retest of the most recent highs and daily fractal, with one eventual bearish crab pattern projected above...
The previous double top has failed with the price searching for new highs and printing a new weekly fractal resistance at 9096.
Another double top, this one already validated with a broken neck, with the price finding support at 7511 and 7513 between the daily fractal support and the 4h fractal support.
The most recent daily and 4h resistance...
Gold it's now facing an important structure pressure zone after reinforcing the major ascending structure channel with support at 1266/1269.
Previous structure trend-line supporting the lows from January 24th and March 7th recovered, but also the trend-line covering the previous and most recent highs as resistance now as potential/eventual...