Silver, OTOH, is not at ATH's and is sitting at the upper channel as well. Admittedly, though, it's the same TA technique. The trade thesis was listed in the first post. Your experienced and informed feedback is welcomed and appreciated. It's just another trade, another coin flip.
I prefer to look at the most recent price action. Returned to the origin of the lower breakout then broke out of a consolidation.
Nobody is going to listen to you. We are going to trade with the trend; uptrend - we buy downtrend - we sell notrend/unknown trend - we do nothing