SamSuka
The Long Investor
The Long Investor

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SILVER - SAFE HAVEN -

We are back at the $30 important level again

After two successful holds on the 0.618 Fibs, making two perfect higher lows since the start of August.

ECB initiating a Rate Cut yesterday was the trigger to break out of the bullish wedge as we expected and make an attempt at the $30 level.

We need to see this level flipped to support now, any more rejections attempting to convert this level to support may discourage buyers here

Above $30 and we are into very bullish territory, with the First Target next at $33.50.

SILVER - SAFE HAVEN -

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