Silver - bounced from c78.6% and trendline
Had marked 18.7 as an area of interest in earlier analysis on silver (78.6% retrace and trendline confluence)
We did have an initial impulsive bounce from around 18.72. One can try longs here with SL around 18.65 positional
We did have an initial impulsive bounce from around 18.72. One can try longs here with SL around 18.65 positional
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19.3 is key now. Above that bears will get the shivers
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Mentioned 19.3 is the key level. Bulls have failed last two days to clear the hurdle. Gotta move soon or confidence in bullish view wanes. maybe from lower levels