Hi friends,
I am with both eyes on Silver price. It is on its very critical level, and I think if it manages to break up it could push all the way to 33.5 level or even higher.
Alternatively, there is 4H bearish divergence so a break down the 4H trend line will lead for a down move to 31.5 or even 31.
So what’s the direction? No one knows now, if I have to bet, I bet up but it is a BET only! As we are just about to have the vote about debt ceiling in USA. ALL could turn after that.
Here’s my chart about the silver (click to enlarge):
I wish you a wonderful day and good forex trading
Yours,
Vladimir Ribakov
http://www.divergenceuniversity.com/
