SILVER - SAFE HAVEN -
Added 2024-09-05 09:33:25 +0000 UTCWe have a double 0.618 Fib hold of support so far here
The first one came on the 5th of August and held above $26 and the 200 Day MA which we believe was Wave C completing and this week we have the second one, which is a subwave 2 pull back.
So far we have had a test and hold on the small green Fib level at $27, testing twice, with the second being a higher low and now today we have a higher high and at one stage got back above $29.
The 50 Day MA is at $29.1 now, getting back above this level and it can make another attempt at the important $30 level.
