TradingClue

XAGUSD 1d Bullish Divergence

Long
TradingClue Updated   
FX:XAGUSD   Silver / U.S. Dollar
There are some technical signs that XAGUSD might do a swing up

  1. There is a bullish divergence of price vs momentum
  2. MACD is about to cross the signal line
  3. The downward trendline has already been crossed to the upside

So it might be a good idea to go long with a profit target at the monthly pivot (24.176)
Comment:
Price crossed the monthly pivot - target reached!
Trade closed: target reached

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