ForecastCity

Don't miss the great buy opportunity in XAGUSD

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (17.87). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. SILVER/U.S. DOLLAR is in a range bound and the resumption of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.

Take Profits:
TP1= @ 18.33
TP2= @ 18.73
TP3= @ 19.65

SL= Break below S2

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