papaya_musical_analysis

Silver ascending triangle xauusd

Long
OANDA:XAGUSD   Silver / U.S. Dollar
I just realised that silver is in ascending triangle, which is bullish biased pattern. This could potentialy break out into downside, however I don't see how environment would indicate that. For the swing trade you should wait for break-out and confirmation before starting a trade. For a long-term store of value/inflation hedge this seems like not bad entry.
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