Silver Strong Bearish Trend Continues After a Corrective Move

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

Silver is bearish. However, the market is in a correction mode and we should see a continuation down.

There are two POC zones. The first zone 24.50-90 is the order block zone. We also might see a move down straight from the zone. The POC 2 is a retracement zone. We can also spot a confluence with the W H5 camarilla. In both cases we should see a move down towards 23.43 and 22.47.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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