Premier_FX

To Infinity And Beyond

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Buzz Lightyear is in control of this rocket ship.

For me a key level of interest and a sign that price finally broke out of the downtrend came in my yellow box, as we can see price came back up to test the trendline for the 4th time, it broke on this 4th touch and then came back down to test this same trendline as support before bouncing in a bullish fashion and hitting my 1st target 26.0 which i could see been used as slight resistance.

On Friday price did use this as resistance, tried to push through but bulls were not strong enough causing the bears to push price back down below this level, Today we have pushed back above this level and i can see price staying above it and pushing even higher. 26.5 will be my next level and then 28.0

If you have any questions then please just ask, i will be happy to have a chat and see how i can help you.

Peace out.

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