ForexCollege

Silver sideways trend

ForexCollege Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Looking at this illustration we can see that the price of Silver is moving in a sideways trend, How long this fight between the bulls and the bears are going to continue we have no idea. If you trade on low timeframes you can trade within the rectangle, but if you are a more conservative trader and have patience you can wait for a breakup or break down.

Information, charts or examples contained in this analysis are for illustration and educational purposes only. It should not be considered as advice or a recommendation to buy or sell any security or financial instrument. We do not and cannot offer investment advice.
Comment:
Price tried a push up without much success and is now back in the sideways trend.

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