burcink

Will silver bounce from here?

Long
OANDA:XAGUSD   Silver / U.S. Dollar
As we are very close to the 100-day SMA and the support line coming back from March 2020; I think a bounce to 30 USD is likely at this point. Also watching the RSI closely as it should confirm this move, too.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.