Silver breakout
מעודכן
Silver broke out of the falling wedge, and then out of the downtrend which
formed inside the wedge. After falling to the 50% retracement level at 14.74
or even the 61.8% retracement level at $14.65, I expect a surge towards the
downsloping line of the large triangle. A breakout of this triangle would be
needed at a close of $15.60 or so to confirm silver to be on the way north
at long last.
formed inside the wedge. After falling to the 50% retracement level at 14.74
or even the 61.8% retracement level at $14.65, I expect a surge towards the
downsloping line of the large triangle. A breakout of this triangle would be
needed at a close of $15.60 or so to confirm silver to be on the way north
at long last.
הערה
Disclaimer:This is not trade advise! No liability will be accepted for your trading losses!
RaSantana's ideas or publications are meant for educational purposes only, and are
given in good faith! If you are unsure or have any doubts about your actions, you
should seek advise from an investment advisor!
It must be realised that I am a human and as such, even I can make mistakes! :)
Errors in judgememt and misinterpretations can and will occur, so trade at your own
risk!
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Wishing you all the best of luck in your trading and investment activities!
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