Bottom for Silver?

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6996

Hi friends,

I watch out the silver and I can’t stop wondering, do we create a bottom this period and we are in front of weekly inverted H&S pattern?

Let me show you what I mean and see (Click to enlarge):

As you can see, I see a bullish divergence. forming on weekly, I see inverted potential Head and Shoulders pattern, and I see inverted H&S on RSI too.

If my analyses is correct, 27-28 might be the very bottom for the silver current drop, before serious push up again.

So, what do you think about that?

Wish you a wonderful day

Vladimir Ribakov
http://www.vladimirforexsignals.com/

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Don
Don
11 years ago

Thank you, Vladimir!!!