TradingDaily
Silver's showing a harsh red day, but let's pump the brakes here. A single bearish candle doesn't automatically flip the script on the broader trend. Want proof? Look back to January 1980 - silver took a 12% hit early in the month, looked brutal on the charts, yet it bounced right back and eventually broke into fresh highs.
So what actually matters for confirming a real reversal? Watch the 10-day moving average. If price closes below that level, then we're talking a legit shift in momentum. Until that happens, treat this dip as potential noise rather than a trend-killing signal. The structure
So what actually matters for confirming a real reversal? Watch the 10-day moving average. If price closes below that level, then we're talking a legit shift in momentum. Until that happens, treat this dip as potential noise rather than a trend-killing signal. The structure