Fxprotrader

Silver At Key Level To Watch For Longs

Long
Fxprotrader Updated   
FX:XAGUSD   Silver / U.S. Dollar
Simple analysis to silver make us look for longs. Price is testing a daily long term uptrend, while looking left we see previous structure. In addition price has completed an abcd pattern at that level. Any buy setup at a lower timeframe would be a good opportunity
Comment:
Same as gold price is consolidating after an impulsive wave up. Wait for abreakout above the correction and buy silver
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.