🔺 Disruption to Bearish Thesis
1. Strong Bullish Momentum Recently
Recent candles show a series of green bullish candles with increasing size.
Indicates strong buying interest—not a sign of exhaustion, which would support further downside.
2. Volume Spike on Green Candles
Volume surged during the recent bullish candles.
This typically signals accumulation, not distribution — contradicting the bearish outlook.
3. Failure to Break Key Support
Price previously bounced sharply from below 33.0000, showing buyers defended that zone.
This bounce suggests the support is strong, weakening the argument for a move toward the lower target.
4. Reversal Pattern Possible (Double Bottom)
The chart may show early signs of a double bottom or higher low, both bullish reversal signals.
These patterns would negate the bearish projection if confirmed with a higher high.
5. Divergence from US Dollar Weakness
If the US Dollar shows weakness, silver could rally due to its inverse correlation.
The marked target may not be achieved if macro forces support precious metals.
1. Strong Bullish Momentum Recently
Recent candles show a series of green bullish candles with increasing size.
Indicates strong buying interest—not a sign of exhaustion, which would support further downside.
2. Volume Spike on Green Candles
Volume surged during the recent bullish candles.
This typically signals accumulation, not distribution — contradicting the bearish outlook.
3. Failure to Break Key Support
Price previously bounced sharply from below 33.0000, showing buyers defended that zone.
This bounce suggests the support is strong, weakening the argument for a move toward the lower target.
4. Reversal Pattern Possible (Double Bottom)
The chart may show early signs of a double bottom or higher low, both bullish reversal signals.
These patterns would negate the bearish projection if confirmed with a higher high.
5. Divergence from US Dollar Weakness
If the US Dollar shows weakness, silver could rally due to its inverse correlation.
The marked target may not be achieved if macro forces support precious metals.
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
Disclaimer
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t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
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.