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HayeTrading

Silver ready to run?

Long
Silver / U.S. Dollar (OANDA:XAGUSD)  
HayeTrading  
OANDA:XAGUSD   Silver / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Silver XAG USD ( Silver / US Dollar) XAG xagusdlong silverlong Metals preciousmetals Bullish Patterns Double Bottom
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trendanalysis chartpattern indicator silver xagusd xag xagusdlong silverlong metals preciousmetals bullish doublebottom
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XAGUSD had a perfect bounce last week off it's late September low.
Possible double bottom formation.
RSI divergence on the Daily bar immediately before the dip and bounce.
MACD has just turned.

Looking at the 0.382 Fib level around 24.7 as target, with potential for a runner above 26 towards the 0.618 Fib level.
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