Hello Traders
The future of silver (SI) is likely to remain short.
On the weekly candlestick, chart you can see the fast volume indicator just gave a bearish signal.
The slow volume indicator continues to confirm the short trend.
Waiting for the price to close today, right now it is losing the 38.2% fibo of the marked segment. If the price closes below there is a good chance that the price will continue to look for shorts at least until the 50% fibo.
On weekly candlesticks the short volume indicator does not say that volume is stopping as both volumes fell below 0 and the quick volume indicator confirmed the shorts.
Have a good day
The future of silver (SI) is likely to remain short.
On the weekly candlestick, chart you can see the fast volume indicator just gave a bearish signal.
The slow volume indicator continues to confirm the short trend.
Waiting for the price to close today, right now it is losing the 38.2% fibo of the marked segment. If the price closes below there is a good chance that the price will continue to look for shorts at least until the 50% fibo.
On weekly candlesticks the short volume indicator does not say that volume is stopping as both volumes fell below 0 and the quick volume indicator confirmed the shorts.
Have a good day