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yossarian121

Silver - updated - operating trendline

CFDs on Silver (US$ / OZ) (TVC:SILVER)  
yossarian121 Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Trend Analysis
2
0
trendanalysis
Key supports are far away around 18.3. The likely operating trendline is shown here
No trade zone. For the adventurous one the trendline is the decision maker
Comment:
Today's move on silver was significant. A buy target of around 20.05-20.1 was triggered near term. Bulls need ot get in here rather than doing 24*7 commentary on the virtues of precious metals
All the usual statutory warnings apply. As traders we change our view on a dime, as the need be.
Comment:
Good clean move today. Booking part is advisable here around 19.5/ Rest can be trailed
Comment:
There was a target of around 20.05-20.10 that opened up on friday. Did not expect it to happen so fast. Risk reward poor near term. Exited whole. Lets wait for fresh setups
Trade closed: target reached
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