Silver : My strategy for the coming days

2017年5月10日

[I am sharing this idea to have feed back, do not follow me blindly, I am no professional !]

The 16.44 resistance has broken. With low perceived risk on the market, the bearish trend should continue and 15.7 could be a first target (close to 5% profit).

2017年5月11日

註釋

I do not share the analysis of Blackwell Global but divergent opinions are nevertheless good : investing.com/analysis/have-we-found-silver’s-bottom-200188430

I think the author fails to note that RSI or Williams can stay over sold a long time. It is the come back to not oversold that you need to look at(on the chart the -60/-80 range). Technical is bearish... not bullish at all.