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To: Lou Weed who wrote (6297)2/3/2023 2:40:27 PM
From: Sun Tzu1 Recommendation

Recommended By
Lou Weed

  Respond to of 10692
 
I'm glad you made money. Yes, this is a daily chart. If I were to plot a hourly minute chart, the algo is likely to opine different perspectives <g>

Personally I think commodities should be seen in the context of longer term bars. This is mostly to avoid competing with professional traders with resources and knowledge that can outcompete you. I checked silver on the weekly chart too and the answer is the same. Somewhere around 21, likely 21.25, it should find support.