Avoid further Selling Silver
Silver Trade Setup We have seen good rally on Silver since starting of June. Price pulled up from 18.60 to 21.10 within three weeks and killing all the sellers who are selling from high.. On 24th June divergence on RSI found on H4 chart and their was a drop from 21.15 to 20.70 price but this was not the Bears ride since the global long term trend is still Bullish !! We are seeing price is continues hitting the daily bar resistance at 21.15 from last three days. Looking at weekly chart trend is fully up until 22.10 price and we may see a down fall from there.. Market may confuse traders as looking at Daily chart RSI is showing overbought and price is still roaming around at resistance.... Avoid Further selling !!