Recent action in silver - breaking $21..4x support line is a very bad sign.
While I am long term bullish on Silver, the price action/char suggest near future weakness, down to $14 seems possible!
If we do not break out ($27.5) of the potential symmetric triangle, things can get ugly for Silver bulls..
While I am long term bullish on Silver, the price action/char suggest near future weakness, down to $14 seems possible!
If we do not break out ($27.5) of the potential symmetric triangle, things can get ugly for Silver bulls..
If you are one step ahead of the crowd you are a "genius" and you make money off the crowd, if you are two steps ahead you are a lunatic and you lose money not being able to sync with the crowd, if you are three steps ahead - better find a new planet :)
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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.
If you are one step ahead of the crowd you are a "genius" and you make money off the crowd, if you are two steps ahead you are a lunatic and you lose money not being able to sync with the crowd, if you are three steps ahead - better find a new planet :)
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.