Silver Back Above $30 - Is the Pullback Over?
Silver is following in the footsteps of its big brother Gold by bouncing off long-term trend line support (in this case, at its 50-Day EMA at $29) to resume its longer-term uptrend.
As of writing, Silver is testing a near-term bearish trend line connecting the recent highs, but if that resistance level gives way, the grey metal could quickly rally to retest its multi-decade high above $32.
-MW
As of writing, Silver is testing a near-term bearish trend line connecting the recent highs, but if that resistance level gives way, the grey metal could quickly rally to retest its multi-decade high above $32.
-MW
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.