Si | 1hr Chart | WK 23-24 | June Q2 26'

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Si | 1hr Chart | WK 23-24 | June Q2 26'Silver FuturesCOMEX_DL:SI1!StudyGuideTAA weekly level was tested. A Daily accumulation ladder is expected to form a reversal. Here are some thoughts... 1. Price needs to gain the daily distribution candle at $73.67 after testing a weekly level but failed on June 2nd. Price is again at this weekly level $73.64. 2. Price is building a 4 -1hr accumulation trend. Is this weekly level relevant still? Will it provide the liquidity for a move down or is it the trigger point, a cliff? If price is going down on higher timeframes, where is it going down from?? *checks 4hr & 1hr price action resistance levels of interest... 3. Price is currently struggling to gain the 4hr support level at $73.73. If it is gained, it can be used as support to get to $74.55 or the support levels at $75.62 & $76.10 acting as resistance right now. If price get above that, support candles could be left behind and used to hit higher levels of resistance. If not, its cliff time. Multiple Time-Frame Analysis; Color Code | Strength favors the higher timeframe. Yearly timeframe = black Monthly timeframe = pink weekly = grey daily = red 4hr = orange 1hr = yellow 15min = blue 5min = green if they are shown. (Level visibility on intervals is set to timeframe the level was found on and below to keep chart view organized.)