SILVER - TOP 10 - SAFE HAVEN -
Added 2025-04-24 10:16:07 +0000 UTCSILVER is up nearly +20% since its flush down on the 7th of April, which was a shock to us all on the day but it has recovered very well and a lot of dip buyers stepped in.
Price is now back above the 50 and 200 Day MA and has been testing the First Target again close to $34.
We still only have 1 bounce since the 7th of April, so a pull back for a higher low would be welcomed, the small green 0.5 fib aligns with the 200 Day MA at $31 and this would be the ideal place for a pull back and holding.
Holding on this level is another buy signal to add to your safe haven.
I like how Silver held strong yesterday as Gold pulled back.
The 200 Day MA on the $SLV chart is also the ideal level to add at too.
Comments
Cap I appreciate you put now also the EW waves now on SLV chart. Could you do the same also when you update next time the $KO chart ? There on the current KO chart i see only the first and second PT, but no EW waves 1-5
Kad
2025-04-24 15:21:59 +0000 UTC
