Expecting silver to retrace to 21.7 support before new rally
Silver currently rejected at the 26 USD Monthly resistance as expected and the retest failed at the monthly of 25.684 USD
We are currently having a pullback as de DXY regains strength due to Quantative easing 20574594303928202.
I am expecting silver will find support at the 21.7 USD level which is the next monthly support. From here we will consilidate for a couple of days and will start thinking about a long position
This is probably the last time we will even see this prices ever again.
DYOR
Trade safe everybody
We are currently having a pullback as de DXY regains strength due to Quantative easing 20574594303928202.
I am expecting silver will find support at the 21.7 USD level which is the next monthly support. From here we will consilidate for a couple of days and will start thinking about a long position
This is probably the last time we will even see this prices ever again.
DYOR
Trade safe everybody
It was still early morning