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Silver Strong Bearish Trend Continues After a Corrective Move

By
Nenad Kerkez
Published: Mar 31, 2021, 07:44 GMT+00:00

Silver is bearish. However, the market is in a correction mode and we should see a continuation down.

Silver

Silver is bearish. However, the market is in a correction mode and we should see a continuation down.

There are two POC zones. The first zone 24.50-90 is the order block zone. We also might see a move down straight from the zone. The POC 2 is a retracement zone. We can also spot a confluence with the W H5 camarilla. In both cases we should see a move down towards 23.43 and 22.47.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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