Silver tried to breakout and failed then it also failed to gain any sort of bullish momentum on the weekly and now it looks to be ready to crack the support after having a nearly confirmed partial rise and closing lower than is has closed since becoming rangebound.
The Measured Move of this range breakdown would take us down to the .886 retracement where i then think silver will attempt to become bullish again.
The Measured Move of this range breakdown would take us down to the .886 retracement where i then think silver will attempt to become bullish again.
