ProjectSyndicate

silver best level to buy/hold tp 30% gains

Long
OANDA:XAGUSD   Silver / U.S. Dollar
🔸Hello traders, today let's review the 8 hour chart for silver. Recently solid gains and we
re-tested the 2022 high near 25.75 usd, solid performance overall and expecting a new
higher low now print at/near 21.75 usd.

🔸Setup is based on speculative 1/2/3/4/5 swing pattern setup, currently bearish
pullback is almost complete, will be complete at 21.65 usd. based on measured move
price projection valid target for bullish swing is 127 extension at 28.40 usd.

🔸recommended strategy bulls: wait for pullback to complete near point 4 at 21.65
and then buy low stop loss below recent low near 20.60 and final TP bulls at 28.40.
this is buy/hold setup for 30% gains unleveraged, will take more time to complete.

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