2 Sep 2020 ● 05:16 AM
Yesterday I discussed the idea that silver could started wave 5 of 3. Prices closed just below the upper Bollinger band near 28.99. This is an important resistance at which prices can reject the idea that the next move started. If that happens then we may once again pull back towards 27.30 or below that to retest the $26 low that we saw recently. Keeping this alternate open till a further breakout on the upside is witnessed.