Complex Inverted Head & Shoulders with Hidden Bullish Divergence
I'm pretty sure many of you know about the plans many people have for silver at the moment but here i am to provide a chart that could explain in a technical way why silver may rise up.
We have hidden Bullish divergence on the daily time frame on both the RSI and MACD and we look to have formed some sort of complex inverted head and shoulders pattern a breakout above the resistance that i shaded in grey could take us to atleast 36 dollars.
This may also relate to my previous chart from weeks ago where i stated that i was bullish on gold, I will leave my gold chart under the related links section.
We have hidden Bullish divergence on the daily time frame on both the RSI and MACD and we look to have formed some sort of complex inverted head and shoulders pattern a breakout above the resistance that i shaded in grey could take us to atleast 36 dollars.
This may also relate to my previous chart from weeks ago where i stated that i was bullish on gold, I will leave my gold chart under the related links section.
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Entry acquired:
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