Strifor || SILVER-07/05/2024
Preferred direction: BUY
Comment: As noted at the beginning of the week, the prospects for metals are quite vague, but it is still possible to make more assumptions about growth. The nearest serious resistance level is located at 28.69664, where growth is considered.
Both scenarios are depicted in the graph. Scenario №1 is the most likely, and here it is better to enter after breaking through the level of 27.50, which is local resistance. Scenario №2 assumes growth from the level of 26.50. It should be noted that scenario №2 is less desirable since the probability of falling below 26 increases.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: As noted at the beginning of the week, the prospects for metals are quite vague, but it is still possible to make more assumptions about growth. The nearest serious resistance level is located at 28.69664, where growth is considered.
Both scenarios are depicted in the graph. Scenario №1 is the most likely, and here it is better to enter after breaking through the level of 27.50, which is local resistance. Scenario №2 assumes growth from the level of 26.50. It should be noted that scenario №2 is less desirable since the probability of falling below 26 increases.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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⚡️New ideas for USDCAD, USDCHF and EURAUD⚡️
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