Evening Star in Silver Indicating Price Losses
Silver has seen significant price losses in recent years. A bearish Evening Star pattern has now been established on the weekly chart, which makes a further price decline likely.
We are also taking a bearish stance in the medium term and expect the price to fall to the target zone. Although this is below the USD 30 mark, the overarching uptrend in silver would remain intact.
We are also taking a bearish stance in the medium term and expect the price to fall to the target zone. Although this is below the USD 30 mark, the overarching uptrend in silver would remain intact.
交易進行
With this heavy dump today and the price reaching important levels of support, we recommend to trail the SL to USD 31.20 or USD 31.40手動結束交易
We close this trade with a nice profit, but before reaching the TP.
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