Silver / US Dollar, Daily Chart Analysis October 27

FX_IDC:XAGUSD   Silver / U.S. Dollar
Technical Analysis and Outlook
Silver road-map is now taking place in the Silver market. Silver also completed Silver Dip $16.92, validating with Key Sup $17.00 and 'BARC' symbol, while holding the Maginot Line of $17.50.

The price action within and above the $17.50 against the $17.00 Key Sup has this week sparked rally towards the resistance level of $18.60 that came from the highs created on September 24. A close above Mean Res $18.60 there would be a breakout and unlock the way initially to Key Res $19.50 and then next Outer Silver Rally $20.15.

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.