Crazylambboy

Silver bulls extend, new highs likely again

Long
COMEX:SI1!   Silver Futures

A person, the only one who can grasp hope is himself, and the only one who can give up hope is himself. Resentment and jealousy will only make you lose more. Regardless of success or failure, we all have reasons to applaud ourselves! It doesn't matter if you fall down, get up and continue the journey, then just sing and go.

Silver did not give new opportunities to go long on Friday, so if those who hold long positions continue to hold the floating profit list, although the short-term rise is slow, there is still room above. For silver operation, it is recommended to buy at 21.09, risk control at 20.93, and target at 21.40~21.67.


Silver is bullish for several reasons:
1. The opportunity to go long at 20.70 given by silver in the early stage appeared once, and then the bulls were in a state of slowly rising, and there is still room for the bulls to be completed.
2. According to my analysis, the decline of Wave 2 A has ended, and the rebound of Wave 2 B is only in the second half of the first stage.
3. The intraday pressure is 21.40~21.67, supported at 21.09~20.95.


Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻
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