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TheCryptagon

XAGUSD Channel Up bottom buy opportunity.

Long
Argento / Dollaro (FX_IDC:XAGUSD)  
TheCryptagon  
FX_IDC:XAGUSD   Argento / Dollaro
Trend Analysis Chart Patterns Technical Indicators Silver XAG XAG USD ( Silver / US Dollar) Si1! (Silver Futures) Metals Commodities
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trendanalysis chartpattern indicator silver xag xagusd si1! metals commodities
Silver / XAGUSD is trading near the bottom of 15 month Channel Up with the 1day MA50 and MA200 on a parallel move.

The 1day RSI is on a Channel Up / Bullish divergence since May 25th and it is much like the bottom trade at the start of the Channel Up.

Buy and target 25.900 (bottom of Resistance A).

Previous chart:

XAGUSD Follow the break out

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