#xagusd
Silver has a chance to continue upward growth. The daily and weekly charts shows confirmation of further growth.
Trade on hourly chart.
The first target is 34.80 (the previous high).
Set the stop loss at 33.50.
Lucky trades to everyone!
Silver has a chance to continue upward growth. The daily and weekly charts shows confirmation of further growth.
Trade on hourly chart.
The first target is 34.80 (the previous high).
Set the stop loss at 33.50.
Lucky trades to everyone!
Trade active
Silver is showing high-volatility consolidation, typical for this metal.I expect the price to break higher.
The previously mentioned stop at 33.50 is too tight.
It's better to move it to 33.35. Let's allow a little more space for consolidation.
Trade closed: stop reached
Sorry for the late update. The trade got stopped out.
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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.