Technical analysis of Silver in daily chart. Everything is explained on the chart itself. Zoom in to examine the falling wedge contained within the red dashed lines.
Disclaimer: This is not an investment or financial advice. I'm just sharing an idea for educational purposes.
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Taking a look at weekly chart analysing the candlesticks.
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Let's take a look at Gold two weeks chart as silver more or less follows gold.
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It's very interesting to also take a look at the weekly chart in log scale.
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Soon DXY will dive and when that happens Silver will shoot up.
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10 years treasury yield seems to have reached a top. When it dives it will push Silver up.
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Potential of a pullback in Silver.
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10 years treasury yields - 1 hour chart. Looks like we have a Head & Shoulders pattern right at a major resistance level.