Rupesh
Long

BUY SILVER PLACE STRICT SL 15.90

FX:XAGUSD   Silver / U.S. Dollar
107 3 3
Technical outlook and chart setups:
Silver             seems to be looking to rally towards $18.40 / 50 levels at least, after having tested lows at $15.80 levels again last Friday. The metal is still preferred to buy on dips with bulls poised to push it higher till prices stay above $15.60 levels. It is therefore recommended to remain long, with risk at $15.90 levels for now. Immediate support is seen at $15.60 (interim) levels, followed by $15.30 and lower while resistance is seen at $16.70/80 (interim) levels, followed by $17.40/50, $18.40/50 and higher respectively.
ABOUT BREAKOUT DIRECTION:--- BO DIRECTION IS STILL UP
Trading recommendations: Remain long, stop at $15.30, a target is open.
Good luck!

PLEASE REVISED STOP LOSS FROM 16.20 TO 16.40
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Please revised stop loss to 15.90 to 16.20 for another one target 2
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After watch forecast, Please comment
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