SILVER Higher Time Frame Bullish Outlook

Hello everyone:

Closely watching SILVER for the higher time frame long term bullish upside.

We can see from the yearly perspective, price continue to correct after the strong bullish impulse phase after COVID crashed.

We can see a large, correctional structure has developed, with multiple swing highs and lows.

on the lower time frame, we also see a triple bottoms, price has hit the lows of the HTF structure. There is descending channel and possible bullish reversal price action in the making.

To confirm the bigger picture, we should expect to consolidate on the LTFs, and form continuation correction to confirm the upside move.

Thank you

Commento: