update on silver

30 thg 5

Update :- Following the upper range breakout, silver met resistance between 95,000-96,500 zone. Examining the 4-hour timeframe reveals a trendline originating on May 24th. Yesterday, May 29th, this trendline was breached, hinting at a double top (M) reversal pattern. Confirmation of this pattern awaits at the 90,000 level If this level breached, a subsequent decline of 6,000-7,000 points could be anticipated.

only for education purpose

31 thg 5

Ghi chú

on the way to form double top (M), keep eye on it

4 thg 6

Ghi chú

successfully formed double top, now level 90,000 if breached, a subsequent decline of 6,000-7,000 points will be seen.

4 thg 6

Ghi chú

on testing zone