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jmboyer1
Dec 3, 2014 3:49 AM

XAG/USD (Arithmetic Chart) Long

Silver/U.S. DollarFXCM

Description

NOTE: Previous post on XAG/USD was Log chart....here w/Arithmetic chart gives different but equally (if not moreso) bullish looking perspective, having already broken up through bullish descending wedge only to throwback/retest upper trendline (but at a lower price) as well as bounce off horizontal support/resistance trendline.
TBD if rallies north, but w/bullish RSI divergence, it's certainly got a shot.
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