awh2830

SILVER long term bullish trend confirmed

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Long term multi month breakout confirmed, we broke above the green line with a healthy retest. It is now confirmed as support. Likewise the 200 EMA on the monthly basis is holding each time it was tested since 2015. Resistance was at $17.40 on a monthly basis and that has been eclipsed. $22 is my target for 2020. Look for Silver to outperform Gold in Jan and Feb 2020. The weekly time frame is likewise very bullish
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