We have been incredibly sharp on this Silver chart and not missing a movement, when charts move in this strict adherence to support levels and Fib levels, we can take advantage
We wanted a retest of the $30 level and we got one yesterday with a retest to $29.91.
Price has bounced with the market today nicely to $31.50
This is certainly a test of support, it may need another test to confirm support too.
A hold of support on this level today and tomorrow and going into the weekend and we have seen enough to add again
I added Bonds this week, so I have added to my Safe Haven positions so I can be a little lenient on waiting for more confirmation here above $30
Either way, Silver holding above $30 is great news for us.
AL
2024-09-19 12:53:37 +0000 UTCRizwan Alimohamed
2024-09-19 12:47:47 +0000 UTC