Silver's Area of Confluence Should Not Be Ignored Here!
#silver #gold #preciousmetals
Trading Fam,
Honestly, it is tempting to go all in on Silver at this point. Not smart. But tempting.
We have four big independent technical indicators in alignment rn.
First, we are nearing the bottom of my final target area.
Secondly, we are using the 350-day SMA as support.
Third, we are at the bottom of a bullish triangle.
Fourth, we have a buy signal given by my Pivot Zones Indicator.
It is unusual to have this many indications in alignment, and it is a great signal that we are at/nearing the bottom of this local 6-month pullback.
What you do with this data is up to you, but I love what I am seeing here and will be backing up my truck.
✌️Stew


