$Silver selling some of the cheap seats

Discussion in 'Technical Analysis' started by countryBoy641, Aug 9, 2024.

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  2. SunTrader

    SunTrader

    Divergences used in isolation (and reverse divergences) are similarl to oversold/overbought readings in that sometimes they "work" sometimes they don't.

    I see, ATF, there was a rev/div in early May higher swing low with late March lower one and Stoch (which if I use at all much prefer slow version) reading lower vs higher.

    RSI and Stoch are basically duplicates of each other.

    Meanwhile Spot Silver hasn't as yet broken through resistance, so if it is going to, that is what I will be looking as a signal trend has turned up:-

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    Last edited: Aug 10, 2024