Silver Futures (11 June’21)

Multi timeframe analysis

QuarterlyStrong Buy
MonthlyWeak Buy
WeeklyWeak Buy
DailyNeutral

KEY CONCLUSION:

Silver will most likely continue moving higher. Wait until Silver moves above $28.6 and ideally above $29 without reversing. Potential target $40.

Silver, quarterly

TRIX – buy

TTM S – buy

Silver, monthly

TRIX – flipped to consolidation

TTM S – long

Silver, weekly

TRIX – long

TTM S – long

Silver, daily

TRIX – still in sell

TTM Squeeze – neutral

Silver is consolidating around $28 price. Potential level of interest is $28.6. Buy signal will be provided at $29.

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