SILVER touches 382 Fib Retracement
From the lowest candle close from March to the highest candle close in August, SILVER has just touched the .382 Fib Retracement level. (Yes I know I do it backwards)
The previous Fib extensions from the highest wick before the crash to the lowest wick after the crash seem to have held a support and resistance throughout the impulse up, so far.
Will be interesting to see if SILVER breaks the .382 heading south to the .5
Still macro bullish, but this pullback feels long and sustained. Q4 will be a very interesting end to a historic year in the markets. Take a selfie and tell your grandkids :)
The previous Fib extensions from the highest wick before the crash to the lowest wick after the crash seem to have held a support and resistance throughout the impulse up, so far.
Will be interesting to see if SILVER breaks the .382 heading south to the .5
Still macro bullish, but this pullback feels long and sustained. Q4 will be a very interesting end to a historic year in the markets. Take a selfie and tell your grandkids :)
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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.