MonkeyPhone

Silver? What's that?

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Ladies and Gentlemen, after decades of price suppression, XAG is finally ready to break out. As you can see, price has broken out of the cloud and has regained bullish emas. The only resistance left is the 77 Vwma. After we breakthrough that, based on fibs, I put the initial breakout target at $31.35. After that clears, $35 should be an area investors and traders accumulate for longer term gains.

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