Overall bullish, at least for a little more while - SILVER
In a weekly divergence, it shows it is still on a bounce from being oversold.
On top of that, it hit the bottom resistance with a sharp candlestick. Lower it hits, harder the bounce. It bounced after hitting a support it has not hit in a while. the bounce should be more significant than what we have.
It should at least go to the pipeline resistance.
On top of that, it hit the bottom resistance with a sharp candlestick. Lower it hits, harder the bounce. It bounced after hitting a support it has not hit in a while. the bounce should be more significant than what we have.
It should at least go to the pipeline resistance.