After peaking in early May, silver retraced back down to the 50 day MA. While silver closed below the 50 day MA last week, it managed to find support at the 29 level. Silver closed back above both the 50 day MA and the 10 day MA on Friday… Read on blog or Reader Cycle Trading Read on blog or Reader Silver Is Looking Interesting By likesmoneystudies on July 2, 2024 After peaking in early May, silver retraced back down to the 50 day MA. While silver closed below the 50 day MA last week, it managed to find support at the 29 level. Silver closed back above both the 50 day MA and the 10 day MA on Friday. Silver then closed higher again Monday and Tuesday -- testing the declining trend line. Silver is currently in a daily uptrend. A bullish break out of consolidation will indicate a continuation of its daily uptrend and signal a cycle band buy signal. Comment Like You can also reply to this email to leave a comment.

Cycle Trading © 2024. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110