Few technicals all seem to indicate move up in silver when the coil pops.
(1) RSI divergence seen back to 2013.
(2) Lower trendline remains intact in the weekly RSI reading.
(3) What appears as capitulation in August 2017 that temporarily fell below long term support trendline dating back to early-mid 2000s.
(4) No retest of the lower RSI weekly trendline since January
(5) Descending triangle and symmetrical triangle going back to 2016 and 2015, respectively are coming to an end.
It could retest high 14s before a move up, but based on historical action, I think this move up within the next few months could be a new leg up.
免責聲明
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。