Type : Bearish Momentum
Resistance : 61692
Pivot: 60565
Support : 59367
Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60565 in line with the pullback resistance to the 1st support at 59367 in line with the swing low support and 61.8% fibonacci projection .
Alternative scenario: Alternatively, price may break through pivot structure and rise to the 1st resistance level at 61692 in line with the overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci projection .
Fundamentals: As investors are seeking to hedge against inflation , we have a weak bullish view on silver .
Resistance : 61692
Pivot: 60565
Support : 59367
Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60565 in line with the pullback resistance to the 1st support at 59367 in line with the swing low support and 61.8% fibonacci projection .
Alternative scenario: Alternatively, price may break through pivot structure and rise to the 1st resistance level at 61692 in line with the overlap resistance, 61.8% fibonacci retracement and 78.6% fibonacci projection .
Fundamentals: As investors are seeking to hedge against inflation , we have a weak bullish view on silver .
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.