With the current climate of treasury bonds and negative yields and the control of Gold ( paper work ) and industry needs for silver, the people in the know say to buy GOLD and SILVER.
Hence why I'm doing a quick TA on SILVER.
Observations:
- Bounce off the 0.886 Fib Level retracement and the 0.786 at the MACRO level.
- Price closed above the weekly 21 EMA and 55 EMA, etc
- Price closed above the monthly 55 EMA
- Action price looks BULLISH
- Double bottom
- BULLISH divergence in play on the weekly
Monthly Chart
Hence why I'm doing a quick TA on SILVER.
Observations:
- Bounce off the 0.886 Fib Level retracement and the 0.786 at the MACRO level.
- Price closed above the weekly 21 EMA and 55 EMA, etc
- Price closed above the monthly 55 EMA
- Action price looks BULLISH
- Double bottom
- BULLISH divergence in play on the weekly
Monthly Chart
Note
Chart progress updateNote
Note
Updating chart (support lines) 
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
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.