simply showing the power of Fibonacci
we had seen a Bullish Divergence and Hidden Bullish Divergence on MACD and by the confluences of 4 Fibonacci tools (Retracement, Extension, Projection, Time Zones) in an ascending Chanel...
So we are
Speculating...$$$
A TP Zone Starting from 39.43$ to 41.16$
a Safe and Sure TP can be 39.43$
It is a Swing Trade and it...
Silver is currently at $24.75, it is an incredible price to go in and buy for the medium-long term.
Its current fall is due to the appreciation of the dollar, which this week has appreciated considerably, causing both gold and silver to fall. This doesn't mean that we should be alarmed and think that this will continue, the EURUSD is currently in decline, however...
Silver is very likely that we are going to see a precious upside metal rally, it might have some corrective sell wave but it will definitely ignore. We are now going to set our buy position, see our wave analysis chart given above. Always have your lot size in control, any changes in this pair with a huge lot size will definitely LOSS you account.
Echoes over...
