Strifor || SILVER-14/05/2024
Preferred direction: BUY
Comment: Against the backdrop of the upcoming news week, metals in particular are best viewed from a medium-term perspective. Here, for silver, the most likely scenario seems to be the formation of accumulation and then growth towards a local maximum of 30 exactly (scenario №1). We also designate Scenario №2, and it is mainly necessary as a plan B in case of increased volatility, which is likely to happen.
The best thing, in our opinion, would be to find a long entry point using a breakout strategy at the level of 28.69664.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Against the backdrop of the upcoming news week, metals in particular are best viewed from a medium-term perspective. Here, for silver, the most likely scenario seems to be the formation of accumulation and then growth towards a local maximum of 30 exactly (scenario №1). We also designate Scenario №2, and it is mainly necessary as a plan B in case of increased volatility, which is likely to happen.
The best thing, in our opinion, would be to find a long entry point using a breakout strategy at the level of 28.69664.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Trade active
Trade active:
⚡️New ideas for EURUSD, GBPUSD and GOLD⚡️
Trade closed: target reached:
⚡️New ideas for USDCHF, USDJPY and SILVER⚡️
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