Silver heading for a Wykoffian Dip at 16.5
Silver is going to further fall towards 16 dollars.
Following a typical Wykoffian Trend. Current indicators (Strength, Stochastics, MACD, Velocity, Impact) indicate further downside. The acceleration of the downside trend can come swiftly.
Be careful with Silver's movement. It can burn if you are going long. The Pullbacks can also be deep to SL hunt.
For further analysis watch the space
Following a typical Wykoffian Trend. Current indicators (Strength, Stochastics, MACD, Velocity, Impact) indicate further downside. The acceleration of the downside trend can come swiftly.
Be careful with Silver's movement. It can burn if you are going long. The Pullbacks can also be deep to SL hunt.
For further analysis watch the space
