satoshimoto

Silver looking good

Long
satoshimoto Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver has been moving sideways for a while now. I expect to see it breaking out from the triangle that I shown on the chart. Short term resistance level is at $20 range. Its biggest resistance is at $50 which is its ATH.

I will keep my eye on this trade since I expect silver to rise significantly.

This is not a trading advice and I am not responsible for any losses may occur from following this idea.DYOR.
Comment:
This trade is going expectedly so far. Look out for potential breakout soon.
Comment:
Silver is doing as expected. We still have a bit of time before breaking out from the triangle. If you haven't bought any this maybe your last chance..
Comment:
We are getting closer.Time to watch
Comment:
Support line did not hold and silver started to tank.

It is currently sitting at another support level at 15.320. It may continue to go down..
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