Augustus_Lee7

Silver. Will it Break or Reverse?!

TVC:SILVER   CFD Argento (US$/OZ)
Silver has been on the move recently!! Its no secret that silvers price moves relative to gold, but the question I have is... Where would you go next? We are approaching resistance around the 21/22 range and I could see this going one of two ways. Price could either break higher or we could see a reversal which imo would lead to a possible triple bottom. Keep in mind that uncertainty in the market leads to a surge in speculative buying. That mixed with the relatively low price of silver, I wouldn't be surprised at a possible move to the 28 range
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.