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Could silver fall all the way to $54?

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ticker lesson

Breakdown

0:00Silver· ticker

Silver — down 6.8% week, head and shoulders pattern played out

  • Silver down 6.8% week
  • Head and shoulders pattern played out
  • More downside expected
  • Back support around $58
  • Gold losing 3950 → $58 support
1:53Gold· ticker

Gold — losing 3950, support at $54

  • Gold losing 3950
  • Support at $54
  • Double bottom support
  • Top part looks like a cup
  • Top part support at $54
1:54Silver· ticker

Silver — support at $54, contango with futures

  • Support at $54
  • Contango with one-mon futures
  • Contango by few cents
1:55PSLV· ticker

PSLV — down 7% week, entry at $18

  • PSLV down 7% week
  • Entry at $18
  • Welcome to precious metals space
  • Water's warm
  • Second chance to buy
1:56lesson

Limit order strategy for precious metals

  • Like limit order down here
  • Get 50% of target allocation on Monday
  • Wait for cheap point at $18

Informational only — this is In it to Win it’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.