MaHuaHong

Silver Long for long term

Long
OANDA:XAGUSD   Silver / U.S. Dollar
XAGUSD
For Silver to hit it all time low and linger for a period of time before shoot up and went back to test that level again. Addition to that, China is still not open their border yet, and the war between the polar bear and the old continent is about to go to the end as the winter is coming, when the war is ended, they will resume the productivities activities, and that is where I come with the ideal of Long Silver since Silver plays the very important role on high-tech industry, shortage of Silver will bring the price up to insane.
I confident to predict that it will (may) hit the price of 300 soon.
I would recommend the SL is at nearest low (on Monthly chart), and TP at around the price of 300 or maybe 400/500 if you are greedy.
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