fxbymichel

Silver breaking out to the upside

Long
FX:XAGUSD   Silver / U.S. Dollar
0
Silver up 3.50% on the day so far and slicing through the trend line. Next level to watch out for is a close above the 200 day moving average which hasn't occurred since August 2014. If this occurs, we will expect a test of the 50% fib level at 17.60

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