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With the appearance of the Failing Wedge Pattern and Divergence between the movement of Silver prices with the Awesome Oscillator indicator and the presence of the Bullish 123 pattern followed by Ross Hook (RH) on its daily chart, it gives an indication that the strengthening momentum in Silver is still continuing, even so with the appearance of the Rising Wedge pattern also gives an indication of the possibility of a weakening correction, but as long as the weakening correction does not breaks and close below 28,710, the strengthening of Silver will continue where the level of 32,285 will be the goal to be achieved, even if the strengthening momentum and volatility support it, 32,212 will be the next goal.
(Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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