Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
19 December
- * Silver is trending higher but with significant declines after a break higher & periods of low volatility, trading sideways for long periods after a move.
- * We hit support at 6470/6460 & longs need stops below 6445.
- * We just bounced 100 ticks from 6444. Further gains can target 6580/90 & 6620/6630.
- * Maybe we can eventually retest the all time high at 6678/6688.
- * A break higher targets 6700/6705.
- * I am sure we will get there eventually but timing is impossible to know.
- * Eventually we should reach 6775/6778 but it is likely to take time – there are no swift or sustained moves in these trading conditions.
- * Support again at 6470/6460 & longs need stops below 6445.
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Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.
Please email me if you need this report updated or Whatsapp: +66971910019 – To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk
Jason Sen, Director
https://www.daytradeideas.co.uk
20251219
