Silver Monthly Analysis 04.06.2022

Silver is going down. Almost guaranteed by candles. The 50/100 “death” cross on the weekly frame (circled) happened only 9 times in 42 years. After such crosses, silver lost on average 35%; range: 8-72%. If the metal targets a 35% loss now, it would be heading towards $16. So far, it lost only 10%. Let’s…