rv
Long

Silver Daily. (Buy any Pullback)

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FX:XAGUSD   Silver / U.S. Dollar
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4
XAGUSD daily

RSI overbought somewhat, any pullback a buying opportunity.
MACD breaking out from a massive triangle ( 2011 high ).
Broke Downtrend_line 2011 high, 13' Triangle. Gold to Silver ratio in favor for Silver . Gold / Silver miners outperforming.
Broke critical break_line channel 2012. (blue)
Cyclical June low. Short Covering.

Target 21.355, 22, 24

Supports 20.590, 200 sma
Stop 20$ (Under 100,200 sma , channel)

Comments

SILVER FIRST TARGET 21.76 AND SECOND TARGET 22.16
+1 Reply
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