Silver (SI) rallied nicely Friday, positioning it right at triangle resistance. With daily MACD about to positively crossover, and the weekly chart looking increasingly bullish, odds are favouring silver breaking above triangle resistance in the next few days following the current consolidation (seen with the daily RSI and Stochastics).
For my multiple timeframe analysis on SI, feel free to visit: tradablepatterns.com/tag/si_f/
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For my multiple timeframe analysis on SI, feel free to visit: tradablepatterns.com/tag/si_f/
Website: tradablepatterns.com
FB: facebook.com/tradablepatterns
Stocktwits: stocktwits.com/TradablePatterns
Twitter: twitter.com/chu_darren
Linkedin: linkedin.com/in/darrenchu
YouTube: youtube.com/channel/UCCI1YG-qzDMWg6hzYd8D8kw
Google+: google.com/+Tradablepatternscom
Email: info@tradablepatterns.com
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.