kyleruzek

Silver Primed for Takeoff

Long
kyleruzek Updated   
FX:XAGUSD   Silver / U.S. Dollar
If silver keeps following its recent patterns, I see it climbing up above $27 with a good chance of overshoot. I will keep an eye on Oil, Gold, Copper, SPX, and DXY and update as this progresses.

If Silver drops too much below $22, this scenario might be void.
Comment:
Silver reached down and touched the support moments ago. We'll see if a retest is in order.
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