XAGUSD - LONG
SILVER is looking very bullish market has provided us with a nice impulse which has been followed by a correction to the 0.50 fibonacci, during this correction what we can see on lower timeframes everything is currenty still bearish we have this counter trendline and market is below 1hr resistance, however if we see a close above this confluence of resistance on the retest we can look to long.
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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.