BitonGroup

Silver Fibonacci Analysis 03/02/2021

Long
BitonGroup Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
simply showing the power of Fibonacci
we had seen a Bullish Divergence and Hidden Bullish Divergence on MACD and by the confluences of 4 Fibonacci tools (Retracement, Extension, Projection, Time Zones) in an ascending Chanel...
So we are

Speculating...$$$

A TP Zone Starting from 39.43$ to 41.16$

a Safe and Sure TP can be 39.43$

It is a Swing Trade and it Shall take Few weeks time to develop.
I am expecting the TP to happen at middles of April 2021,

Please thanks Me In the Comments when you enjoyed your 125250 PIPS of Joyful Profits.


Comment:
Support Stood Rock Solid
Comment:
though the Price has fallen below the Support Line yet it has not fallen to the Lower levels of past lows so we can still be optimistic about its Rally
Trade active

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