themarketzone

Silver's rally about to hit major resistance zone

FX:XAGUSD   Silver / U.S. Dollar
Silver's rally that was launched from the PRZ of the bullish Bat I mentioned in my previous analysis is about to hit a major weekly resistance zone that includes two critical elements.
18$ - Major Weekly Structure Zone
19$ - The 200 weeks MA line

Time to protect your bullish trades profits and embrace (or trade) for a weekly correction wave.


Tomer, The MarketZone


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Comment: Reached the secondary Sell Zone
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