On the daily chart's bull flag silver dropped enough to tag the lower trendline. In yesterday's trading price tagged it and today it's bouncing hard.
When we break 28$ silver will rally to attack the 30 $ level again. I think this summer we finally break out of the ascending triangle:
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Backtest underway.
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We have a swing in silver
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2021.07.01. Bears tried to stop silver of breaking out of the consolidation. Today they are trying hard again to stop the breakout... it can be an expensive game though. Silver is a small market, if going through important resistances can print huge rallies...
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If we can close above the 100SMA 28.3 and 30$ is coming.