Kendrick_Chan

Silver | low risk high reward opportunity

Long
COMEX:SI1!   Silver Futures
  • US dollar is weakening favoring commodities
  • Silver is runnig to the end of a symmetric triangle, which is 50-50 up or down
  • but the trend has been upward obviously, so we bias to long
  • the low volatility creates a low risk setup
  • the target is a swing high of previous downtrend, or the ab=cd level
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