This peak marked a higher high within a two-year Channel Up pattern, yet technical indicators now signal the onset of a bearish leg. According to TradingShot, the current bearish move mirrors the ...
Resistance near the 20-Day MA and bearish momentum challenge silver's recovery, with key support at 29.68 aligning with Fibonacci and trendline levels. Silver formed a one-day bearish engulfing ...
If this is the case, then the pair is likely to eventually decline towards the lower boundary line of the pattern at around 151.50. After that, it could even break below that line and decline to the ...