SILVER 0.30% $15.25 silver futures

silver chart

  1. 8,972 Posts.
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    Exhaustion or launching pad?

    there's a very well defined pennant pattern thats formed - and Friday night silver price basically quivered on the head of a pin -0 suggesting a breakout is very close at hand

    curious as to any skilled analysis on direction

    having come so far in a short span of time + those commercial sellers wanting to cap price - im inclined to think this should be a consolidation point.

    but the pattenr doesnt match that instinct. hence being interested to hear from others...

    no undata-backed opinion thanks. either TA or FA based rationale pls
 
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