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Silver extending rebound, can it take Gold higher?
Silver’s rebound from 22.21 extended higher overnight and the development should confirm short term bottoming there. A bullish scenario for Silver is that consolidation from 26.12 has completed with three waves to 22.21, after defending 61.8% retracement of 19.88 to 26.12 at 22.26 twice. Sustained trading above 55 D EMA (now at 23.50) will bolster […] The post Silver extending rebound, can it take Gold higher? appeared first on Action Forex...
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Posted: Aug 22 2023, 03:45
Author Name: actionforex
Views: 111857