KQMarkets

Silver - Long Upward Momentum

Long
FX_IDC:XAGUSD   Silver / U.S. Dollar
We still hold our long Silver view as the precious metal continues to rise on the back of FED rate cuts and the continued uncertainty and impact on the economy of the coronavirus. We would now want to see Silver consolidate above key resistance at around 17.3 before challenging last year's highs above $19.

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