Silver -- Breaking point! Long

Silver/U.S. DollarFXCM

Description

⋅ May 9, 2018 2:57 AM

According to Fibonacci,

Silver in a bullish scenario : $22-$24

Silver in a bearish scenario : $9 - $11

US Dollar is getting stronger compare to other currencies. Countries are eager to turn their cash to Silver and Gold, before they get bankrupt and keep the value of their money. It is likely to see a bullish run on silver shortly.