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Silver at the cross roads / 2hr Chart

Here we see silvers current set up which IMO has a chance of a the bearish down trend as oppose to the bullish outlook.
Markets, set to continue their downtrend from what I believe and silver will follow suit, with the dollar rising as a result of the market downtrend.
If it does break back into the triangle then I would certainly consider a buy position and there's plenty of room for tight stop losses here.
Use this as your guide short term, but long term, I'm pretty sure we are all in an agreement with commodities going to the moon.
Markets, set to continue their downtrend from what I believe and silver will follow suit, with the dollar rising as a result of the market downtrend.
If it does break back into the triangle then I would certainly consider a buy position and there's plenty of room for tight stop losses here.
Use this as your guide short term, but long term, I'm pretty sure we are all in an agreement with commodities going to the moon.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.