Pietikainen

Silver's bullish kiss

Long
FX:XAGUSD   Silver / U.S. Dollar
0
Silver broke its falling trendline in mid June. It has stayed above the line since then. Looks like this may be the final kissing to say goodbye for the falling trendline. If we drop back below the line we may visit the 15$ level. If we stay up and prices start to rise we can then announce that it's a beginning of a fresh bull market. Next couple of weeks will show which way we turn.
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.