SILVER - Correction coming to an end..
In long perspective, you will see a cup between 1980-2011 and possibly it is forming a handle since 2011. In 2020, #silver made a good jump to 30 USD and it is making the correction the around 2 years after. It is about to finalize the correction according to the drowen curves on the chart. I expect a upside move to 50 USD sooner or later.
I do not expect it go below red curve anymore. But beware that those curves may not be perfectly drawen.
Always trade at your own risk
I do not expect it go below red curve anymore. But beware that those curves may not be perfectly drawen.
Always trade at your own risk
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.