Trade_Journal

SILVER - Where to next? BIRD EYE VIEW!

Trade_Journal Updated   
FX:XAGUSD   Silver / U.S. Dollar
SILVER - Where to next?

An important few weeks ahead: FOMC minutes Wednesday, PMI's and on Nov 30th - Fed Chair Jay Powell is set to speak on the economic outlook and the U.S. labor market at Brookings.

With all of this we are at key support areas of DXY - I see a lot of individuals very bullish precious metals, I am too. Although, keep in mind trade what you see, not what you think.

Where will silver lead next? We are within the ranges of Lows: 18.100-18.500 & Highs: 22.

A break to either direction...

Trade closed: target reached
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.