BitonGroup

Silver Weekly TimeFrame Analysis 01/02/2021

Long
BitonGroup Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
as we can see we have few resistance areas and a heavy zone before reaching our Fibonacci projection parallel leg levels and we have specified it as our TP areas
if the price continue its rally in the specified Chanel the Arrows so does the date for our TP occur ON time as we have specified them by Fibonacci time Zones
i believe this commodity is under valued so we have some chance to purchase it and invest on it
it has a long term horizon yet worth of thinking abut it
please comment your opinon
Trade active:
longing from 25

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.