Silver has begun to complete its correction after obtaining the high post BREXIT. Similar to gold, silver is currently in a bearish trend. We have broken technical trend resistance some 5 days ago, but silver has been hanging around a little bit with gold as the bulls take their time to lose confidence.
Also similar to gold, we are long term very bullish, but there must be a consolidation on this movement before any further upward movement can continue.
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.