Inizia
Argento / Dollaro
Long

SILVER (XAGUSD) Important Breakout & Swing Move

Di VasilyTrader
Aggiornato
istantanea

In comparison to gold, silver looks very bullish on a daily chart.

After a long-lasting correction cycle within a falling wedge pattern from the beginning of February,
last week the price managed to break its resistance to the upside.

Now the market is trading above that and so far it did not manage to return back within its boundaries.

I am bullish on silver and expect a bullish continuation.

Next resistances:
26.4
28.0

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Nota
Check my new analysis on USDJPY:
USDJPY: Potential Key Level Trade
ForexSilverSupport and ResistancetradingTrend AnalysisTrend Lines
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