SILVER Cautiously long
After breaking down below support we seem to have found a bit of a bottom around the $22 dollar area.
inverse head and shoulder formed on 4 hour at an area of interest for me, measured move will have us above the break down area at aprox $25 and above the 200MA (4hour)
only a small 4-5% move before re assessing price action but if we can find support around $25 could be good for more upside continuation.
Cautiously bullish until we confirm a higher high with a close above $26
inverse head and shoulder formed on 4 hour at an area of interest for me, measured move will have us above the break down area at aprox $25 and above the 200MA (4hour)
only a small 4-5% move before re assessing price action but if we can find support around $25 could be good for more upside continuation.
Cautiously bullish until we confirm a higher high with a close above $26