Silver will show STRENGTH!
Hello community!
Well, beyond to the strong Demand that we have had since end of June:
- Adding EMA 50, you'll see a long shadow trying to cross the line, showing us price change.
- Comparing to Silver Futures for December, the contract is also changing direction after going to a resistance, ths increasing its value.
- Using the DXY as a comparison, the Dollar seems to be weak after reaching again the 106.650, this is a price that shows a strong sign of a resistance for the next few times.
Well, beyond to the strong Demand that we have had since end of June:
- Adding EMA 50, you'll see a long shadow trying to cross the line, showing us price change.
- Comparing to Silver Futures for December, the contract is also changing direction after going to a resistance, ths increasing its value.
- Using the DXY as a comparison, the Dollar seems to be weak after reaching again the 106.650, this is a price that shows a strong sign of a resistance for the next few times.
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