SILVER Is Very Bearish! Short!

17 Sep

Please, check our technical outlook for SILVER.

Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is testing a major horizontal structure 30.847.

Taking into consideration the structure & trend analysis, I believe that the market will reach 30.212 level soon.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

Like and subscribe and comment my ideas if you enjoy them!

18 Sep

Catatan

I thin that the price will hit the TP soon enough!