Silver downside reversal after 23 breaks?
Silver is breaking below 23. It is breaking below the long-term uptrend line dating back from March 2020. This lower breakout opens an unlimited downside reversal possibility even below the previous multi-month consolidation low of 22. That is also the next visible resistance. To overcome this recent weakness, Silver must break above 24.30 now.
Note: look for the short trade entries with the stop loss above 23.50
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
REAL-TIME TRADERS EDUCATION! TRADER’S CLASSROOM ONLY $69 PER MONTH!
