We did not hold the 21 EMA and it seems that we need to revisit the 0.618 Golden Ratio of Fib Retracement and a massive trendline thus potentially forming a Double Bottom which is a bullish sign. By bouncing from this trendline we can still expect silver to reach the first target of 18.601 and the the second target of 21.248.
This is not investment advice. Trade at your own risk.
This is not investment advice. Trade at your own risk.
Trade closed: target reached
First target of 18.601 reached, next target 21.248
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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.