PHICAPITALINVESTMENTS

XAGUSD BUY SET UP (15M)

Long
FX:XAGUSD   Silver / U.S. Dollar
Seeing a nice Buy set up forming in Silver.. looks like the corrective structure is almost complete. RSI is also entering under bought zone so this gives me a bit more confidence in the upside. I have loaded up on Buys already at C. Hopefully this turns out to be a continuation of a longer term play towards the previous high of around $47.
Trade active:
Silver seems to be taking its sweet time making the correction. No changes to the outlook, still expecting a spike to the upside soon.


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