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Silver - Bears desperate to protect weekly trend-line.
Silver / U.S. Dollar
Long
Silver - Bears desperate to protect weekly trend-line.
By cccpKGB1
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Updated
Aug 21, 2019
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Aug 21, 2019
You can see the battle over the blue dashed trend-line. This is an important trend-line from the weekly chart.
A daily close above this line would suggest a bullish breakout. $17.50 (previous high would be the next resistance)
Will post a weekly chart in the comments to show the trend-line I'm referring to.
DXY hitting resistance so I expect a move higher.
Price seems well supported even with DXY moving higher and near YTD highs....
Aug 21, 2019
Comment
Weekly chart for reference....
Si1! (Silver Futures)
Silver
Supply and Demand
Support and Resistance
Trend Lines
XAG
XAG USD ( Silver / US Dollar)
cccpKGB1
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