The bund looks set to make another all time high.

It isn’t a secret that the bund has been in a long term bull market. Examining the recent price action, silver has currently stalled at the 127% extension of the last move lower (previous 2019 range) but as we near all time highs once again it looks like we could make a run for the 161% Fibonacci extension at 170.71 which is also the target following the triangle breakout as well. RSI is overbought and divergent which may assist the 161% extension in holding should we test it.

Bund all time highs

Blake Morrow