Silver Futures

SILVER forecast - went into correction mode and might extend fur

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Silver is witnessing quite a huge dip today,
opened gap down below the support area, seeing further massive sell-off , this correction might extend further as i see a probability of cypher pattern on the daily chart and the support of cypher pattern also aligns with weekly support around 64810- 63000.

Hence , even if we se any rally in the coming trading session , it might get consumed in another selloff.

Conclusion : short term trend is definitely bearish, but intermediate and long and long term trend is still bullish, so as a investor one can wait for 65000 - 63000 levels as an investment zone.

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