Broken downtrend/bullish pattern, broke through resistance turned support. Retested R/S flip and back into longer term uptrend.
Finding support here, may break out of bullish pattern. Will be watching for confirmation.
Oh baby this is getting tight! What shall it do? Bullish pattern, bullish fundamentals mid and long term. S/R flip makes a break through resistance necessary before a true pop. May break up to 24 resistance level and drop. Time will tell.
We shall see. bullish pattern broke down. Will wait for confirmation here, it could be a fakeout.
Doesn’t mean it will break up, but bullish pattern forming under resistance here
Well there it is. False break or true? I thought it’d put up more of a fight. Anyway, give it some time and it’ll be back.
If in doubt, zoom out. Next, invert the chart. Finally, draw diagonals across all points of interest to confuse everyone. But in all seriousness, technically speaking this can go below 24. Fundamentally, silver should skyrocket. Time will tell, but I have a bearish bias here in the short term.
Zoom out, that’s a bear flag. Short term bear, mid and long term bull. Watch out for the possible ride down here.