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Silver Symmetrical triangle

The daily chart shows that Silver is on an upward trajectory since March. Since the correction observed in August, the white metal is trading sideways

Silver Symmetrical triangle

Silver Symmetrical triangle

The daily chart shows that Silver is on an upward trajectory since March. Since the correction observed in August, the white metal is trading sideways. The overall structure shows the formation of a symmetrical triangle pattern. The white metal is now hovering near the support of the lower trend-line of the pattern. The level of 40-DEMA and lower end of daily Bollinger Band are at the same level, which strengthens the support.

Silver Symmetrical triangle


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