dchua1969

Silver going higher

Long
dchua1969 Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
We are seeing a bullish flag pattern on the 4H Silver Chart. If my analysis is right on the US indices falling over the next few weeks to months, then we can expect more inflow of funds to be shifted towards Gold and Silver.

I will be awaiting for the breakout to happen before deciding to add more.
Comment:
spot on, the price has not break out of the channel and we can expect it to rise higher.
Comment:
added more
Comment:
18.388 is the resistance level it needs to break out now
Comment:
I'm loving it....
Comment:
Praise the Lord. The price action has moved up nicely towards the 20 dollar mark.
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