Long Silver - It may be a bottom in $XAGUSD Silver
Pros:
great 68% retrace
bounced from good support
nice buying over a few days
Fed is flipping and slowing hikes.
4H new uptrend
Cons:
still, interest rates will be going up - so might put some pressure on Silver
great 68% retrace
bounced from good support
nice buying over a few days
Fed is flipping and slowing hikes.
4H new uptrend
Cons:
still, interest rates will be going up - so might put some pressure on Silver
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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.