-
Silver’s historic surge hits a wall as volatility explodes
After an epic four‑day percentage gain not seen since 2008, the bullish trend in silver is looking shaky with the price slicing through uptrend support running from the January 9 lows, delivering upon the three‑candle bearish reversal pattern that printed on the hourlies and bearish divergence with RSI (14) beforehand. The uptrend break delivered an initial powerful downside move, seeing the price plunge to support at $86.24 before bouncing back towards $89.15. The latter has seen plenty of action over recent days, providing a level to set trades around depending on how the near‑term price action evolves. After an ... (full story)