...silver just dipped below $28, but getting oversold now....

  1. 23,222 Posts.
    lightbulb Created with Sketch. 2091
    ...silver just dipped below $28, but getting oversold now.

    $SILVER during the night - thanks to the thin volumes - "someone" quickly pushed the $Silver based on the flag as happened in October 2023.... the oversold level on the 4-hour is the same: now it needs to "hold" these levels ( around $28) building a positive divergence. There are no macro reasons for a change in strategy: it was an ambush as almost always happens in this sector...

    https://x.com/stebottaioli/status/1816359059802497527
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.