TVC:SILVER Personally accumulating silver, these are my areas I want to look out to buy. Market microstructure typically shows that low volume nodes on Volume profile and past low liquidity when revisited with "relatively" low volume creates support and resistance areas as you are seeing a lack of participation from one side, high volume in these areas mean...
Down trending into key support levels, watching low volume (liquidity) TVC:SILVER node areas of trading range as these are areas if we see low volume will reject and act as support. two levels here noted, one at $19.80 area as a good average down opportunity. multiple levels of confluence in both locations.
No signs of slowing market wide, shortages becoming more apparent again. My next Target 1132-1180 Area, Will Re-evaluate there.
Headed to Pre pandemic steel prices, Not sure how long it will take for the wave to hit retail.