Silver: Buy the Dip or More Downside Risk Ahead?

The bias for SILVER remains to the upside. The recent slight bounce in the dollar, which has occurred sooner than originally expected, has contributed to last Friday's selloff in commodities. Until proven otherwise on the chart, this recent shakeout remains a buy the dip opportunity and a great place for new buyers to establish initial positions.

Everything shared here is only my opinion and no results are guaranteed. Good luck!

액티브 트레이드:

We've broken above the upper resistance, which is very bullish. As long as silver stays above the inclining brown support line, our thesis remains bullish and in tact.