Long

XAGUSD set up for long entry

Updated

XAGUSD on the 120-minute chart is at the top of the high volume area on the profile. This

is a relative volume void above and a high volume area breakout is possible or even likely.

The TTM squeeze indicator has just triggered. The Price Momentum and Relative Trend

indicators appear bullish. I assert that spot silver is bullish right now and mining stocks

especially junior miners may be ready to take long positions as well. My immediate target

for spot silver is 25.75, the recent high pivot in March and then 25.95 the high pivot of

December, and then 26.5, the highs of Spring 2022. Played in a leveraged forex setting,

the profit potentials are significant.

Note

Zoom in to 15 minutes shows the VWAP band and volume area breakouts occurred

on the morning ( EDY) of March 28th

Note

EXK idea:

EXK ffalling wedge breakout after silver mining earnings LONG

Note

HL idea

Note

New Gold Idea

NGD - a gold mining penny stock is bullish LONG

Note

Silver has progressed thrugh the second target- 33% of the position closed. Stop loss

changed to trailing 5%,

Trade closed: target reached

Great profit from a good trend up. Now down for correction or reversal. Watching
for a short trade.

Trade closed: target reached

Spot Silver surged this morning. Full position closed.

Note

A predictive algo is forecasting for next week three days of sideways consolidation
and accumulation followed by another leg higher. i will seek to enter at the low
of the week Wednesday or Thursday with a new long entry targeting 28.

Note

Interesting Relevant Article nasdaq.com/articles/why-is-gold-ignoring-higher-rates-and-a-stronger-dollar

AwesomeAvani

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