With the silver price sliding again, our primary scenario, that this trend will continue, gets more and more backing. We are expecting the price to go down all the way below $18.62. Another important mark on the way there is at $21.81. If the price crosses this support line, too, then we can prepare to enter the blue box.
Have a great start to the week!
Have a great start to the week!
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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.