Hi Traders! We have Silver double scenario forming at the moment. A detailed analysis of this sell and buy setup is as follows:
Silver H4 Chart:
On the H4 chart we have a critical zone that has formed based on the cycle. Currently we may now expect one more push lower from the current zone and then the price to move higher towards this critical zone. Once the price reaches the critical zone, we may look for evidences of bearish pressure and then start looking for sells.
Note: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell and buy setup then you can use any setup and strategy that you have in your arsenal to look for bearish and bullish moves and join this sell and buy trade.
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