Silver ready to run?

By HayeTrading
Give a like and follow!

XAGUSD had a perfect bounce last week off it's late September low.
Possible double bottom formation.
RSI divergence on the Daily bar immediately before the dip and bounce.
MACD has just turned.

Looking at the 0.382 Fib level around 24.7 as target, with potential for a runner above 26 towards the 0.618 Fib level.
Bullish PatternsChart PatternsDouble BottomTechnical IndicatorsMetalspreciousmetalsSilversilverlongTrend AnalysisXAGXAG USD ( Silver / US Dollar)xagusdlong
HayeTrading
discord.gg/mFYvr2bGtu - FREE Trading Chat Rooms

Disclaimer