SILVER MEDIUM TERM TRADING IDEA 17-TH APRIL '19
Silver is at the end of corrective wave by hitting a support level @ 14.80. Expectations in the next 2-2.5 months is to reach price levels over 16.50-16.80 area. Targeting another test of the uptrend channel . By Elliot waves method in the next 2 weeks we can see the establishment of the new trend. Risk reward ratio is also high and stop are just under the support zone .
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.