Are Silver forming a corrective pattern?
1. Fundamentals
Market seems to wait news comes from FED's meeting.
But, ETF's holding Silver as well as disappointing US Reading (i.e: US industrial production/capacity utilization); i think, US dollar will be lower and it pushes silver higher.
2. Technical.
Silver are currently in corrective pattern as i draw in my pic.
25.45 - 25.70 is a support zone. I think, this is a potential reverse. Traders could wait actions happen in this zone.
In my opinion, i think, silver will climb higher and reach 27.05 in coming days.
1. Fundamentals
Market seems to wait news comes from FED's meeting.
But, ETF's holding Silver as well as disappointing US Reading (i.e: US industrial production/capacity utilization); i think, US dollar will be lower and it pushes silver higher.
2. Technical.
Silver are currently in corrective pattern as i draw in my pic.
25.45 - 25.70 is a support zone. I think, this is a potential reverse. Traders could wait actions happen in this zone.
In my opinion, i think, silver will climb higher and reach 27.05 in coming days.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。