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Silver Drops to $22 with Descending Triangle Break

Name: Silver Drops to $22 with Descending Triangle Break
Uploaded: 2024-01-22
Channel: David Kindley
Description: It’s been a few hours to forget for the metal market as both Gold and Silver face another downturn.Silver has broken an ongoing descending triangle and now seeks $22 support.Gold looks subdued, but time will tell if $2,000 will be broken again.Timest

VideoTechnical Analysis

By David Kindley On Jan 22, 2024

It’s been a few hours to forget for the metal market as both Gold and Silver face another downturn.

Silver has broken an ongoing descending triangle and now seeks $22 support.

Gold looks subdued, but time will tell if $2,000 will be broken again.

Timestamps
XAGUSD 01:10
XAUUSD 02:50

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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