Silver bounce from major support

FX:XAGUSD   Silver / U.S. Dollar
Silver             is hovering around on major support that is intact since July 2013.It is definitely something to keep on your radar.

The break above $19.75ish will attract more active buyers.

Next resistance is @ $21 where 200 MA then $22 February high. Break below $18.217-$19 support zone could lead to down momentum as buyers who relied on that level of support will be forced to cover their losing positions.

STOP: below $19.00 and I use short term moving averages to trim and trail my profits
Поиск торговых идей,
оценка настроений рынка, сценарии и торговые планы.
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