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CFDs on Silver (US$ / OZ)
Long

Silver: buy up

By CheetahAttack
Updated
snapshot

The daily chart indicates that silver has returned above $22.0, suggesting a short-term trend reversal. However, silver is still constrained by the downtrend line, implying that it may still be in a pullback cycle since 30.0, with limited upside potential. Investors may focus on the performance of silver in the densely traded range of 23.0-24.5.

Specific trading strategy: Buy at 22.5-23 with a take profit level at 24.37-24.5.


XAUUSDBTCUSDBTCUSD


Trade active
Comment
First TP:23.7
Comment
arrive first TP
Chart PatternsCryptocurrencyForexTechnical IndicatorsTrend AnalysisXAUUSDxauusdanalysisxauusdforecastxauusdforex

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