KQMarkets

Silver - Long - Significant Upside Potential

Long
FX_IDC:XAGUSD   Silver / U.S. Dollar
Silver has been trading in a range over the past week but we see significant upside potential and a breakout towards the resistance level at $18.2 in particular due to uncertainty over a Brexit and trade deal between the US and China not yet being finalized. Therefore we will hold our long view as long as prices do not fall below support at $17.382 as we await significant price action outside of the current trading range.

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