-Public sentiment for silver prices being too low compared to gold
-Currently sitting at 61.8% retracement on long term weekly chart
-Physical silver retail demand higher than normal
-Solar and EV industries increasing demand for physical silver
-Next major support level at 58.3, potentially putting silver in the $30-31 range
-Must watch the ellipse for confirmation of forecasted pattern
-Currently sitting at 61.8% retracement on long term weekly chart
-Physical silver retail demand higher than normal
-Solar and EV industries increasing demand for physical silver
-Next major support level at 58.3, potentially putting silver in the $30-31 range
-Must watch the ellipse for confirmation of forecasted pattern
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.