velmunis

Silver analysis

Long
velmunis Aggiornato   
OANDA:XAGUSD   Argento / Dollaro
SILVER ANALYSIS
1-Silver trend to move along with safe heaven king GOLD

2-In recent days silver is outperforming the gold interms of daily % of gain/lose

3-Its moved an average of 4-5% a day

4-Yesterday range is almost 8% for a up and down rally

5-Currently it's trading at the recent trendline support level which will further attract the buyers and it has room to to rise as compared with GOLD

6-23.774 would be a next support level to watch as its coincide with 38.2% Fibo
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