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Mihai_Iacob
Jan 5, 2021 4:21 AM

Silver- Eyes on 30 Long

SilverOANDA

Description

Just like Gold, Silver also had a good start of the year with price breaking above pennant resistance and confirming its strong bullish trend.
As it was normal, 27.50 offered resistance and I believe this is just a pit stop in this uptrend
Yesterday Silver confirmed 26.80 as new support and I expect an acceleration to the upside once 27.50 is cleared
For this outlook to stay valid the price needs to stay above 26.50 and, as the title says, my medium-term target is 30
Comments
Fisher_Fx
Good work as usual mate
ProjectSyndicate
premium technical setup for silver traders today. appreciate your effort!
KlejdiCuni
Wonderful analysis!
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