SILVER
Added 2024-06-24 11:38:55 +0000 UTCSilver is still holding above the 50 Day MA now and the 0.5 Fib above $29 but having some trouble breaking out of this bull flag and converting the $30 level to support.
We will see how the price handles the 50 Day MA on the retest at $29 first.
Otherwise I have added in the 3 amber Fib levels in case this pull back is part of a larger pull back since the bounce from $20 in October '23.
We can see that the amber 0.618 Fib level is aligned with the 200 Day MA here at $25 too, coincidences like this happen for a reason so it is something we are monitoring
No buys for me just now for Silver but a flush down to the 200 Day MA will certainly warrant a buy from me.
Comments
Caps - the fee on revolut is a bummer - I realised my 10k became 9.5 instantly after purchase
RM
2024-06-24 18:28:58 +0000 UTCDo you recommend this over $SLV?
Zachary Alpirn
2024-06-24 14:22:06 +0000 UTCOn REVOLUT. It’s also available as $SLV
Gareth Neary
2024-06-24 12:41:08 +0000 UTCWhat platform do you buy and trade Silver on?
NR15
2024-06-24 12:30:46 +0000 UTC
