Mihai_Iacob

Silver- New leg up?

Long
OANDA:XAGUSD   Silver / U.S. Dollar
As I said in my previous Silver analysis, as long as the price stays above 22.20 support, bulls hold the upper hand.
At this moment, on H1 chart and smaller time frames, we can see a small pennant forming which can lead to continuation.
The confirmation comes with the price above 22.65-22.70 zone and the parget can be 23.50

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