Silver is not a good buy at current levels due to negative momentum divergences and a technical wedge breakdown on the weekly chart, indicating further downside before a recovery.
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Speaker
Henrik ZbergEvidence Quote
“I see the structure if you look also the structure on a weekly basis you will actually see that there is a what I say in a momentum WI a negative Divergence and silvera's been going into a wedge and now dropped down out of Bel low out of that and that is not necessarily a good sign on a technical basis to to to buy silver on [12:37]”
Created: 8/11/2026, 7:45:29 AM
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