DLavrov

Silver - Bullish Divergence

OANDA:XAGUSD   Silver / U.S. Dollar
The market keeps the downtrend. DMI is bearish and confirms trend market conditions. At the same time, the price is not far from a support zone formed by 14.25 and 14.00 levels. Also, we can see a trend reversal signal based on a bullish divergence. This signal at the support zone can be used as a possible buy opportunity.

If the price breaks the downtrend line, it will confirm the trend reversal and give one more buy signal.

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