Silver (XAGUSD)
Long
Aggiornato

Silver - Path is clear for all time high

228
Silver seems to be gearing up to breach all time high. Factors that support this idea are as follows:
  • Vital resistance of corrective parallel channel is taken over with high volume.
  • Price has broken out from inverse head and shoulders pattern.
  • Break out is supported by divergence on MACD.
  • Price had been respecting and bouncing off from ascending trendline.

All these factors give credence to the idea of surmounting all time high.

Trade attivo
Had a powerful bounce from support area.
Trade chiuso: obiettivo raggiunto
Beautiful!

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