Viktor_strifor_analyst

Strifor || XAGUSD-05/12/2023

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Preferred direction: BUY
Comment: Metals failed to fix their high values for a long time, after which a significant pullback followed. However, this is not a reversal of the current trend and growth is expected in the near future.

A more likely scenario at the moment is an increase in fact from current prices with the probability of touching level 24 before growth, where the support area is located. The second scenario involves buying after a deeper downward correction that is currently taking place, namely from the level of 23.32250.

A confident target for growth is now at the level of 25 exactly.

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