You heard it here first! 🥇 - DailyMarketUpdate 📉 Silver is tanking!
After reaching our defined turnaround zone in yellow, the bears take over the market. Just as indicated in our first Silver post (👇🏿 hyperlinked below 👇). The support level at $25.78 is broken, and the downtrend accelerates. The next support to watch out for is at $23.58. At around $23, we expect the next major countermove.
Happy Trading! Feel free to discuss!