Too early to tell if the bottom is in when we look at the longer term charts. Price needs to consolidate .
Looking promising all the same and I’ve turned dip buyer from here. The November high to low is what I will be watching to gauge progress in the short term . A dip towards 0.6855 is the area I will be watching. This needs to hold over the next few days and into next week for this move to qualify as a change of trend further out, and not another correction in the larger down-trend .
.
Latest posts by Horatio Dubsly (see all)
- Silver – This weeks shining star, as predicted by ForexFlow - July 19, 2019
- 新年快乐 财源滚滚 大吉大利 A Happy wealthy healthy New Year to all our Chinese friends - February 4, 2019
- Gold and Silver – Glittering prizes? - January 28, 2019