update on silver

May 30

Update :- Following the upper range breakout, silver met resistance between 95,000-96,500 zone. Examining the 4-hour timeframe reveals a trendline originating on May 24th. Yesterday, May 29th, this trendline was breached, hinting at a double top (M) reversal pattern. Confirmation of this pattern awaits at the 90,000 level If this level breached, a subsequent decline of 6,000-7,000 points could be anticipated.

only for education purpose

May 31

Note

on the way to form double top (M), keep eye on it

Jun 4

Note

successfully formed double top, now level 90,000 if breached, a subsequent decline of 6,000-7,000 points will be seen.

Jun 4

Note

on testing zone