Eightcap

Silver: Thoughts and Analysis

Long
EIGHTCAP:XAGUSD   Silver / U.S. Dollar
Today's focus: Silver

Pattern – resistance stall, continuation
Support – $28.70
Resistance – $31.30

Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Silver on the daily chart.

As per most reports, we have started looking out, highlighting the main trend and key points before moving into the current price action. Looking at the current break higher and resistance point, will we see the current continuation contnue?

We have run over what we are looking for to confirm this and some warning signs to watch out for as well.

Good trading.

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