FxWirePro
Long

Silver Daily Outlook

FX:XAGUSD   Silver/U.S. Dollar
84 0 0
Silver             has formed triple bottom around of $16 and recovering from that level .Overall trend is still bullish as long $16 holds.

On the upside break of $16.85 will target $17.15/$17.50. The pair’s minor support is around $16 and any break below will drag the commodity to $15.50/15.

Indicators (4 hour chart)
CCI (50) – Buy
CCI (14) – Sell
Ichimoku- Buy

Recommendation: Buy Silver             around $16.50, SL $16, Targets $17.15/$17.40.

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out