SILVER (XAGUSD): Very Bullish Outlook
I’m feeling very optimistic about the outlook for silver.
After a strong upward trend, the pair had been trading in a narrow range on the 4-hour chart.
Today, it broke above that range, and I expect this will lead to a move toward the next resistance level at 32.33.
For potential entry points, it might be wise to look for a retest of the breakout level.
After a strong upward trend, the pair had been trading in a narrow range on the 4-hour chart.
Today, it broke above that range, and I expect this will lead to a move toward the next resistance level at 32.33.
For potential entry points, it might be wise to look for a retest of the breakout level.
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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.