update on silver
Update :- Following the upper range breakout, silver met resistance between 95,000-96,500 zone. Examining the 4-hour timeframe reveals a trendline originating on May 24th. Yesterday, May 29th, this trendline was breached, hinting at a double top (M) reversal pattern. Confirmation of this pattern awaits at the 90,000 level If this level breached, a subsequent decline of 6,000-7,000 points could be anticipated.
only for education purpose
only for education purpose
註釋
on the way to form double top (M), keep eye on it註釋
successfully formed double top, now level 90,000 if breached, a subsequent decline of 6,000-7,000 points will be seen.註釋
on testing zone
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