TradablePatterns

Silver (SI) Testing Triangle Resistance on Daily Chart

Long
COMEX:SI1!   Silver Futures
Silver (SI) rallied nicely Friday, positioning it right at triangle resistance. With daily MACD about to positively crossover, and the weekly chart looking increasingly bullish, odds are favouring silver breaking above triangle resistance in the next few days following the current consolidation (seen with the daily RSI and Stochastics).

For my multiple timeframe analysis on SI, feel free to visit: tradablepatterns.com/tag/si_f/

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