Silver is up $5 on the day, and back to positive territory year to date... but will need a more convincing close in the upper 70's to confirm a breakout of the descending trendline.
This dip buying opportunity will not last for much longer, get some cheapies while the getting is good.
t.me/SilverStackersSS
This dip buying opportunity will not last for much longer, get some cheapies while the getting is good.
t.me/SilverStackersSS
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Forwarded from It's Führer Friday o/
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Forwarded from D Nice
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⚡Silver Stackers⚡
Silver has been in a brutal consolidation ever since making an all-time nominal high of $121.64 on Jan 28th. Since then we've seen price action form wedge patterns, with Silver one month ago breaking to the upside, and then one week ago breaking to the…
Silver aggressively broke out of the bull flag resistance line that it was riding in recent days.
The White Metal has been in a brutal consolidation pattern since making a $121 ATH on Jan 29, and is expected to resume the bull-run and make another fresh ATH sometime this year.
But first, we need to see a confirmation of this breakout before we can start taking out technical resistance on the way up.
A lot of normies and trend chasers jumped into PMs late last year and got burned by the pullback... now that most of them have been shaken out we'll have a much stronger support base going forward.
Congratulations to all the Silver Stackers who held firm through the volatility and bought the dip🏆
t.me/SilverStackersSS
The White Metal has been in a brutal consolidation pattern since making a $121 ATH on Jan 29, and is expected to resume the bull-run and make another fresh ATH sometime this year.
But first, we need to see a confirmation of this breakout before we can start taking out technical resistance on the way up.
A lot of normies and trend chasers jumped into PMs late last year and got burned by the pullback... now that most of them have been shaken out we'll have a much stronger support base going forward.
Congratulations to all the Silver Stackers who held firm through the volatility and bought the dip
t.me/SilverStackersSS
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Forwarded from It's Führer Friday o/
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