Apr. 23 at 7:37 PM
$SILVER down 2.8% today, showing continued weakness and pressing toward the lower bound of the short-term channel. No confirmed breakdown yet, but
$72 support is very close, and relative weakness vs
$GOLD is clear.
Momentum is fading, and upside continuation looks increasingly limited. I’m still holding a long, watching for a potential final push higher.
Key level:
$71.81
If price revisits and reacts weakly, I’ll close the position — still profitable, but reduced from the
$82 level.
Short-term bias turning cautious.
👉If this helps, tap @backtesttrend
