Silver together with Gold dropped heavily today on good USA data (retail sales).
For many, Bitcoin is the new safehaven, taking away some power and shine from the precious metals (Gold and Silver).
As you can see on the chart there are similarities and Silver could rebound from here (just like Bitcoin did) in order to go for a second check of it's major resistance level.
Do you like this post? i wait for your comments.
One Love,
the FXPROFESSOR
For many, Bitcoin is the new safehaven, taking away some power and shine from the precious metals (Gold and Silver).
As you can see on the chart there are similarities and Silver could rebound from here (just like Bitcoin did) in order to go for a second check of it's major resistance level.
Do you like this post? i wait for your comments.
One Love,
the FXPROFESSOR
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