I think it's a good time to enter long position on silver (and gold also but I avoid opening two trades on both assets). We broke above current fib on PA and TMS gives us a hint that big rally could happen. We are still not above RSI 50 but the impulse is quite strong.
Also on monthly timeframe we can leave a global consolidation and accumulation that could lead also to a breakout. Preferably to the north as TMS indicates, but as always in trading world, anything can happen.
Trade with your own diligence,
GL HF
Also on monthly timeframe we can leave a global consolidation and accumulation that could lead also to a breakout. Preferably to the north as TMS indicates, but as always in trading world, anything can happen.
Trade with your own diligence,
GL HF
Comment:
Consolidation and triangle getting closer and closer, I'm looking for a break upside but weak hands has not been totally cleared. So expect some high volatility in following weeks.
Comment:
Consolidation still going on... That's a long time!
Consolidation still going on... That's a long time!
Trade closed: stop reached:
SL hit in July.
