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Silver : My strategy for the coming days

80
[I am sharing this idea to have feed back, do not follow me blindly, I am no professional !]

The 16.44 resistance has broken. With low perceived risk on the market, the bearish trend should continue and 15.7 could be a first target (close to 5% profit).
Not
I do not share the analysis of Blackwell Global but divergent opinions are nevertheless good : investing.com/analysis/have-we-found-silver’s-bottom-200188430

I think the author fails to note that RSI or Williams can stay over sold a long time. It is the come back to not oversold that you need to look at(on the chart the -60/-80 range). Technical is bearish... not bullish at all.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.