Silver been stuck on High Price in long term perspective. I expecting correction on this pair will forming soon.
In hourly time frame, this pair rejecting two times of resistance level. Which another 3rd time retest might be occurs, which creating MPL (Maximum Pain Level) before gonna waterfall in the same time hunting retails trader stoploss.
For now, i might scalping a little bit on down side before waiting for the big move soon with tight SL.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.