IvanLabrie

XAGUSD: Good to buy on dips

Long
IvanLabrie Updated   
FX:XAGUSD   Silver / U.S. Dollar
Silver has hit support on the pullback and flashed a buy signal here. Ideally, you'd wait for the market to break Friday's high, and wait for a dip, or just buy at market after this happens.
The trend is up for the most part, so, we could continue to trend higher from here.
You can either risk a new daily low under Friday's low, or risk 3 average ranges down from your entry to be more conservative.

Good luck,

Ivan Labrie.
Trade closed: stop reached

🔒Want to dive deeper? Check out my paid services below🔒

linktr.ee/ivanlabrie
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.