$Silver - This is a big bearish candle but one big down day is not enough to confirm a bearish reversal. In January 1980 it had a 12% drop in early January that was followed by another big up move to new highs. Only a close below the 10 day MA will confirm a bearish reversal.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$Silver - This is a big bearish candle but one big down day is not enough to confirm a bearish reversal. In January 1980 it had a 12% drop in early January that was followed by another big up move to new highs. Only a close below the 10 day MA will confirm a bearish reversal.