Silver did not break out. Double top formed in downtrend. Short below low of 22-jan-2025
Silver is in an interesting situation. The last 4 months lower highs and Lower lows form. There is very decent support at 28.500. currently it look as if silver wants to break the downward going trend line. But we need confirmation of that. I'm slightly bullish.
Dow is at a 61% retracement from the recent highs and Lows. Swing traders short moment !
Dow Jones (DJ30) is clearly at an inflection point. Though resistance at zone around 43350 Though support at 4170. European indices at all time high time morning noticeably DAX30. Will the DOW follow ? Arguably a difficult trade. We need momentum behind it .
Waiting for gold to take some meaningful decisions. Trend is up. Will it break or retrace ?
AEX seems to have formed a double top. The trend was down since aug 2024. Now below Ma200 a double top is forming while other indices are also stalling. My bias is now SHORT