Bullflag on the Daily for Silver ?
Not having a bias on silver at the moment but, Considering the price rise of 162% in 140 Days from the lows in March was quite a large move for Silver, When looking at past prices it took 819 days to reach the $30 mark.
But overall I think a pullback to the 61.8 fib level of $18 would be a healthy correction before we start moving up.
That gives us time to buy in for the long run :)
But overall I think a pullback to the 61.8 fib level of $18 would be a healthy correction before we start moving up.
That gives us time to buy in for the long run :)
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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.