SILVER
Added 2024-06-12 10:39:17 +0000 UTCPrice action is holding above the 0.5 Fib in this pull back and still in this bullish flag and above its 50 Day MA.
I was asked yesterday what the significance of the $30 level was, this was the 2021 high, its highest level since 2013, so flipping this level to support would be a statement that the trend has changed to bullish.
No change to our chart and we are waiting for support to be confirmed, it has been holding well at this level so far.
I would like to see the $30 reclaimed however.
Comments
It briefly traded above $30 on 6/11. Do you need to see it end the week above $30 to confirm the trend?
AD
2024-06-14 02:50:17 +0000 UTC
