Silver C & H

5 Haz

Silver forming a C & H, entry around $32-33 hopefully there will be a pullback

9 Haz

İşlem aktif

We're at a fib inflection point, and also at the top of the channel with some bearish divergence.

2 Scenarios:

1. Short squeeze all the way up (via ETF leverage) and completely erase that divergence, if the RSI goes above 86. Seeing as to how people are calling for $32-33 it's seeming more likely than before.

2. Trap buyers and head down to $32.

Personally, I am DCAing slowly, if it breaks below $29.40 I expect to be waiting many years for it to reach this price again