We aren't looking to go long yet, but keeping an eye on the levels labeled above. Silver
fundamentally has been knocked pretty hard and is set for a long-term turnaround. From a price-action position, there's no entry per our system currently. If price comes down into the labeled zone, the counter-trend entry is a setup for an almost 4:1 reward/risk.
A major confirmation would be a bullish
reversal bar in this price range. Check out our homepage for more...