MaxxCharts

Silver 12hr Squeeze + Momentum Divergence

Long
FX:XAGUSD   Silver / U.S. Dollar
Silver is squeezing on the 12hr with momentum currently to the upside, the momentum divergence looks pretty decent too. We do have to watch for a potential rollover and short fire so track the squeeze by getting the Maxx Momentum indicator To add to this silver is currently in a beautiful weekly short, I am looking for it to roll over. So this is a counter trend trade, but the set up looks good. Trade safe!!

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