hanzhao311

Silver is at major multi-year resistance now

OANDA:XAGUSD   Silver / U.S. Dollar
paying attention to the decade long chart for silver you will notice that 26.3 is a major resistance for the metal. the price was the swing low in June/July 2012 and Sept 2011.


Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
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.