Lets Not Complicate It!
A test of 15.898 would suggest silver is still bullish and looking to bullish.
A break of this level could indicate further bearish movement especially if 15.78350 is broken and holds.
Just advice trade at your own risk!
The Bull We've All Been Waiting For??
Silver has broken out of the trendline and is on its way up so far on silver. If not and it pullback 15?
On Gold it has the same trendline but has broken and pulled back below trendline and is looking to retest/break again before potential climb. If not 1440?
I'm currently traveling through Europe, doing a tour of Germany, France and Spain. Being the Gold and Silver bug that I am, I like to check the price charts in the currency I'm using.
Even priced in Euros, Silver is painting a deathly head and shoulders pattern, probing critical support. Even in Euros, the measured move projects down to below the 2008 low of...