Technical analysis of Silver in daily chart. Everything is explained on the chart itself. Zoom in to examine the falling wedge contained within the red dashed lines.
Disclaimer: This is not an investment or financial advice. I'm just sharing an idea for educational purposes.
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Taking a look at weekly chart analysing the candlesticks.
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Let's take a look at Gold two weeks chart as silver more or less follows gold.
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It's very interesting to also take a look at the weekly chart in log scale.
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Soon DXY will dive and when that happens Silver will shoot up.
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10 years treasury yield seems to have reached a top. When it dives it will push Silver up.
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Potential of a pullback in Silver.
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10 years treasury yields - 1 hour chart. Looks like we have a Head & Shoulders pattern right at a major resistance level.
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.
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.