Preferred direction: SELL
Comment: The picture is absolutely the same for silver as for gold. A fall is also expected here. The technical setup and volume accumulation indicate an upcoming downward impulse. It should be noted that the short-trade for this metal is one of the most promising at the moment within the framework of the general strengthening of the US dollar.
The most likely scenario is a fall from the current ones, which is likely to last until the publication of inflation data on Thursday. Perhaps the data will even further accelerate the fall in the metal, even below the current target at 22.00.
Thank you for like and share your views!
Comment: The picture is absolutely the same for silver as for gold. A fall is also expected here. The technical setup and volume accumulation indicate an upcoming downward impulse. It should be noted that the short-trade for this metal is one of the most promising at the moment within the framework of the general strengthening of the US dollar.
The most likely scenario is a fall from the current ones, which is likely to last until the publication of inflation data on Thursday. Perhaps the data will even further accelerate the fall in the metal, even below the current target at 22.00.
Thank you for like and share your views!
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