Silver analysis
Updated
SILVER ANALYSIS
1-Silver trend to move along with safe heaven king GOLD
2-In recent days silver is outperforming the gold interms of daily % of gain/lose
3-Its moved an average of 4-5% a day
4-Yesterday range is almost 8% for a up and down rally
5-Currently it's trading at the recent trendline support level which will further attract the buyers and it has room to to rise as compared with GOLD
6-23.774 would be a next support level to watch as its coincide with 38.2% Fibo
1-Silver trend to move along with safe heaven king GOLD
2-In recent days silver is outperforming the gold interms of daily % of gain/lose
3-Its moved an average of 4-5% a day
4-Yesterday range is almost 8% for a up and down rally
5-Currently it's trading at the recent trendline support level which will further attract the buyers and it has room to to rise as compared with GOLD
6-23.774 would be a next support level to watch as its coincide with 38.2% Fibo
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