dRends35

SILVER - Bullish Hammer @ Support

Long
dRends35 Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
SILVER

I bought the dip and re-entered silver at support with a limit entry as we looked at before...

It printed a bullish hammer / dragonfly doji with buy pressure coming in @ support.

It looks good here and both gold and silver are in lower time frame descending wedges.

The correction may extend but this could also just carry on up from here into a very wild uptrend 👍.

Not advice
Comment:
Still in a precarious area but the great positional buys are often that way.

Notice how the 4H 200MA is curling over to provide a liquidity pocket for this low.

Thats a bullish clue I think.

RSI also pushing up.

This could yet become a higher time frame correction with this correction being the first of 3 or more waves.

But it might just be a simple correction completing and on with the uptrend.

I bought more here 👍.

Comment:
Press Play 😼.
Comment:
Wow 7% pump today. Silver is really warming up 🚀.


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