zhipengcfel
Long

Silver is going up to 21.2

FX:XAGUSD   Silver / U.S. Dollar
It seems that silver             retested the break trendline and got supported. It might go higher to 21.2. The first target is around 18.55.

Good luck for everyone!
Comment: It was a fantastic bull week. It breaks out of the channel. The long positions look good so far.
Comment: Nice! The price breaks out of the bullish flag.
snapshot
Comment: Bullish flag was confirmed up.
snapshot
I'm with you on this one, and gold. Consider that the jobs report justified a big drop in metals, yet they both rallied, which is a big strength signal.
+1 Reply
zhipengcfel IvanLabrie
Yes. And structure of consolidation last week seems just a correction not a top formation. At least it will test the previous top.
+1 Reply
IvanLabrie PRO zhipengcfel
Yes, definitely seems like it. Cheers.
+1 Reply
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