mmrabea

Silver - Buy at the bounce of the trend line

Short
mmrabea Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
Silver is heading to test the hourly trend line (orange) which indicates the formation of higher lows; signifying the bull pressure to push the prices up.
With the consolidation happening over the past days I reckon it'll break the current resistance to reach the $15.00 levels.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.