SILVER - LONG within upwards channel possibly until June
SIlver seems to be fluctuating between Long and Short cycles, trading within fairly defined parallel channels.
Each phase lasts roughly 8 weeks.
Current trend is to Long within a tighter upward channel.
Generally market sentiment is also matching this.
Long trend within the channel could last till June based on previous pattern duration.
Time your purchase to maximise benefit.
My opinion only.
Please do your own research in parallel.
Good Luck
Each phase lasts roughly 8 weeks.
Current trend is to Long within a tighter upward channel.
Generally market sentiment is also matching this.
Long trend within the channel could last till June based on previous pattern duration.
Time your purchase to maximise benefit.
My opinion only.
Please do your own research in parallel.
Good Luck
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.