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Mihai_Iacob
Jan 3, 2021 4:10 PM

Silver- 30usd in January? Long

SilverOANDA

Description

As I said before, in a bullish scenario, in my opinion, Silver has more to gain than Gold.
And as we can see from the chart, XagUsd has spent the last part of December above important horizontal support from 25 and also above the descending trend line. giving us a clear bullish bias.
Last days of 2020 the price of Siver consolidated and formed a pennant which also gives us reasons to be bullish and hopes for a continuation to the upside.
My strategy is to buy dips around 26 and only a daily close under 25 would change my bullish outlook
Comments
KlejdiCuni
Great job again.
Dave-FX-Hunter
Nice break up.
TheSignalyst
if it manages to break above the previous high then yes. for now I am looking for sell setups!
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