How low will Silver go? 10 bucks?

in #silver • 6 years ago (edited)

Hey traders and investors!

It seems like Silver broke down from a triangle recently and is trading withing the pitchfork. As you can every attempt to break out of the fork has been rejected. You can also see it got shorted at the 61.8 level meaning someone is setting lower targets where I am proposing the end of an ABC correction. The other other scenario is that it retains support at the double bottom where it currently stands on the monthly as seen above.

What are your thoughts on this?

#commodities #trading #technicalanalysis #charting
6 years ago in #silver by
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     6 years ago 

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