Silver, today has broken a multiple support levels(see chart below). Be it 10 days EMA, 50 days EMA, up trending channel support, it has broken all and trading at $17.15 after hitting low of $17.10. In my last post yesterday (https://steemit.com/silver/@jimmyrai28/silver-update-31-05-2017-stable-after-hiccups), I advised to trade silver with proper stop loss below 50 days EMA, which unfortunately has hit.
I am not advising to short silver yet as I want to see its days closing price. Next support of silver is at $16.93, and I will post my 2nd update, if I get convinced of either up or down move .
If you like my analysis do upvote for me@jimmyrai28 and feel free to criticize, appreciate, follow or unfollow!!!!
another smack down else the emperor would be naked
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Lol, good one!!!
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not really suprising...
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yeah you were expecting that move, that is why no upvote.
Thanks anyway for stopping by.....
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oh, easy explained: i'm only human and sometimes I forget something.
thx for your update. upvoted.
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Thanks alot
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