RitchGBP

Silver trading between consolidation

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Being the baby brother of Gold , Silver has followed the upward momentum to meet 17.500. Unlike Gold , Silver tends to trend sideways before breaking out, providing us with an opportunity. We can reasonably expect to trade between the boxed levels (16.800 - 17.800 approx.) before a potential move higher.
Trade closed: target reached: 4 profitable positions closed within given (box) levels.