seb

Silver (XAGUSD Comex) bullish reversal on strong daily support

Long
FX:XAGUSD   Silver / U.S. Dollar
1
Excellent buying opportunity on SILVER. Bullish daily candle with a long wick, with extremely strong support in 18.60-18.80 area, which added to the KST/KSTX indicators suggesting a bullish cycle, could be a good attempt to catch a market bottom and target the short term bearish trendline at around 19.80-20.

Disclaimer

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.