Could it be time to enter your buys for GJ. That friday daily close looks tasty.
Got to be creative with it! Price has respected 6300 $ times in the past so slowly 6300 is becoming weak as we visit. Our next push higher is point D (possible 6400) and then an expected fall lower to find major support (6100-5600). All of this before a push to break 6500 and beyond. Just an idea, trade at your own risk!
Looking for sell as price did not close above previous resistance.
Depending on how this 4hr candle closes, , we could be seeing a reversal. Otherwise a filled wick and 6300 upcoming.
After seeing price break structor started looking forward to further climb, but double top formed and price possibly coming back down.
So last week ended with a Dogi after a bearish weak, possible trend reversal to 6300 or its a minor blip and continuation down to 5900 .
Looking for price to respect 137.980 - 137.500 before running to 140.000 to either break or consolidate within range.
After its attempt to push higher it looks like silver has lost momentum and is now retreating. First target 21.755. Second 20.500. Trade at your own risk!
USD strength but this pair is still within its channel, this could be a little pull up for it to catch its breath before a continuation of a drop.
Another long on Silver, where it could try and reach 26 or as previously said start consolidating along 20.
Since this pair has reached an important level there's a chance of a bounce back down as seen before but unlike before we see price tapping on 139.500. If this pair decides to be bullish, I expect a big run to 141 and any bearish move we could revisit 136.
I swear this index is waiting for the smallest spark, to burn its way down. As can be seen there's a problem for price to break and hold above 6080-6100, if this persists eventually we should see a drop to 6000-5900. On the other hand a break of the 6080-6100 levels we could see a further push to 6160 and more sideways movement.
Overall Bullish. GJ is currently bearish with Jpy being strong on Monday, a push below the yellow line(138) and retest will indicate further bearish movement to the blue 137.280. This bearish movement could bounce from the blue line into something more bullish and heading towards 139.900.