peterbokma

SILVER-Buy strategy

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
From a medium-term perspective, we may see a large rally up in the medium-term.
Looking at the weekly chart, one can't help to notice a likely W-shape, this suggest (when breaking though neck line), a large rally will develop. Of course, we are on right side of the pattern, and it's kind of fighting which way to go.

For now, BUY @ 24.20-24.70 for a move to 29.78.

Stop-loss I prefer below $ 22.00

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