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legacyFXofficial
Jan 16, 2023 3:20 AM

SILVER RESISTANCE BREAK-THROUGH Long

Silver Spot (XAGUSD)FXOpen

Description

Silver broke through its resistance at 24.39 on the 4h graph, signaling probable continuation of the bullish trend.

Both MACD indicator and the RSI indicator are signaling bullish trend as well, with MACD histogram being above 0 and rising and RSI being above its neutral line.

If the trend continues we might see the price reaching levels of 24.77 and 24.87

In the opposite scenario, the price might return and test levels of 24.45

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Comments
club1991
Great job thanks
what is going to happen to Sliver today?
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