Silver approaches the support area should we start buying....

Chart Analysis:
  • the price remains above the weak daily support line at the level of 16.883
  • the RSI indicator doesn't have any obvious shape
  • the price is still under the SMA 20
  • No candlestick configuration which shows a reversal trend

Strategy:
  • when the price hits the weak daily support line i'll buy a small amount
  • if the price keeps on drowning i'll buy again a small amount while the price doesn't breakout the strongest monthly support line:: I use this kind of strategy only in precious metals


Declinazione di responsabilità