SLV has had a significant pullback that may be done. Ended last week dancing on a pretty serious support. Ideally this is bottom, or should at least bounce a bit.
$ 29.37 - 29.48 is the immediate and best support $ 28.83 - 28.89 is the next and moderate support. $ 28.37 - 28.40 should be strong and is CRITICAL.
=================================================
.
거래청산: 타겟 닿음
POP! Scalp target hit.
Perfect bounce to dashed (Covid) fib at $29.96.
(yellow shaded area is from posting time).
.
Zoom in (m5)
Perfect Fib-to-Fib bounce (a Genesis to a Covid)
That covid fib is sister to our Golden topper:
That "Ping" on Golden sister said watch the others.
So when our longs hit sister fib, was a good exit.
Such scalps are best for trading with options (calls).
.
It is day before the US elections so exit and wait.