Silver / U.S. Dollar
Long

SILVER Will Go Up! Buy!

snapshot
Take a look at our analysis for SILVER.

Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 30.270.

The above observations make me that the market will inevitably achieve 31.022 level.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

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Note
Great beginning for a trade, let’s hope it goes further!

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