Silver - 240 - What next?
已更新
Quick idea.
Silver sold off heavily yesterday, most likely because a rebound in the equities, so the safe-haven-interest had diminished. For now, everything is still on the edge. From the short-term perspective, silver could still drift a bit lower, especially if it struggles to move either above the 23.6% retracement on the Fibonacci, or above the 17.65 barrier. This is when we may see another round of selling.
We will take a very conservative approach with the upside scenario and wait for at least a move back above the 18.15 zone.
Please see the chart for details.
Don't forget your stop-loss.
Silver sold off heavily yesterday, most likely because a rebound in the equities, so the safe-haven-interest had diminished. For now, everything is still on the edge. From the short-term perspective, silver could still drift a bit lower, especially if it struggles to move either above the 23.6% retracement on the Fibonacci, or above the 17.65 barrier. This is when we may see another round of selling.
We will take a very conservative approach with the upside scenario and wait for at least a move back above the 18.15 zone.
Please see the chart for details.
Don't forget your stop-loss.
注释
Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。