If silver keeps following its recent patterns, I see it climbing up above $27 with a good chance of overshoot. I will keep an eye on Oil, Gold, Copper, SPX, and DXY and update as this progresses.
If Silver drops too much below $22, this scenario might be void.
If Silver drops too much below $22, this scenario might be void.
Note
Silver reached down and touched the support moments ago. We'll see if a retest is in order.
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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.