Short term the situation looks like this in silver. The minor cycle in my related idea caught todays high and the more important cycle continues down. I identified the area where we will find support and where shorts should be closed and longs open. Longer term silver is still extremely bullish.
Catatan
Silver still has plenty of time to bottom.Catatan
Fresh update is already uploaded.Catatan
As you can see the cycle worked out perfectly. I was off in my price target but an update was made at the time regarding this, where I raised the price target to a higher trading range which came out correct and actually caught the 25.8 low with a 5% slippage. The forecasted move from 30 corrected around 15%, meaning we still caught 2/3 of the move - not too bad.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.