Type : Bearish Momentum
Resistance : 61692
Pivot: 60565
Support : 59367
Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60565 in line with the pullback resistance to the 1st support at 59367 in line with the swing low support and 61.8% fibonacci projection .
Alternative scenario: Alternatively, price may break through pivot structure and rise to the 1st resistance level at 61692 in line with the overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci projection .
Fundamentals: As investors are seeking to hedge against inflation , we have a weak bullish view on silver .
Resistance : 61692
Pivot: 60565
Support : 59367
Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60565 in line with the pullback resistance to the 1st support at 59367 in line with the swing low support and 61.8% fibonacci projection .
Alternative scenario: Alternatively, price may break through pivot structure and rise to the 1st resistance level at 61692 in line with the overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci projection .
Fundamentals: As investors are seeking to hedge against inflation , we have a weak bullish view on silver .
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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。
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。