No, no, it is not a rug pull. I only wrote the title in a funny way so that it can be interesting and you people also get a chance to read this content.

Silver and gold are precious metals. They can never be a rug pull because their shares are not held by any specific company. Instead they are an individual investment option where people from all over the world have invested. Even if one person takes out a huge amount it is not going to make any difference to their price.

Where an institution or a state holds a large amount of it, the maximum pull or push can be around 15 to 20 percent. It cannot pump or dump more than that. It is considered a safe haven investment because of its high demand.

The market has entered a bearish zone and there is a chance that interest rates may increase, the market has already had a negative effect on it. This is not only happening with metals but Bitcoin, our beloved Hive and all other altcoins have also been negatively affected by it. We are seeing heavy crashes.

This kind of dumping is very normal for metal, and there is no need to be too worried about it.

So surely you people are also thinking then what is the benefit of your content?

Yes there is definitely a benefit because I am going to give you a great trade from which you can get a good profit.

First of all let’s see how much percentage of a dump has come in silver since the market started yesterday. So far silver has had approximately a 5.66 percent dump.

I often look at silver as a trading or investment option because it is a fast metal, a fast and safe metal and there is a very high chance of making a profit here.

And if I talk about its price over the last two weeks it has already dumped around 10 percent.

But is this dump going to continue?

In my opinion, no, because there are two reasons for this.

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WEEKLY FVG EXPLAINED

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You can see on the weekly chart where I have shown and marked it for you that this candle has stabilized after reaching an FVG zone and from here there is a chance of a rebound.

Similarly the good thing is that on the one day time frame you will also see the same FVG at the same zone which I have marked again.

That means between $60 and $62, this can become an excellent buying price.

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1D FVG Buying Zone

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According to technical analysis this is considered a bullish FVG where there is also a demand zone and an order block.

Remember, whenever the market usually moves quickly upward and leaves a gap behind that is called an FVG. And that becomes an excellent zone for buyers showing strong liquidity and interest.

This is an important support area and from here the chances of an upward reaction and bounce are very high.

You should definitely accumulate something at this level because if we get good support from here then we have another good area on a short term time frame, meaning the four-hour time frame to sell again which is around $63.

So this is the main reason why the chances of a bounce back from here are quite high.

Now if you want to invest in spot then this is a safe side for you.

But if you want to trade it in the futures market then in my opinion, it is also very important to understand the stop-loss. You should execute this trade with a proper stop-loss.

I am not a financial advisor but I share what I understand with you people so that your knowledge can also increase. Best of luck...

I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.

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