XAGUSD - Breakout of summer highs downward trend
Updated
Silver closing above a resistance trend line that has materialized from the Aug highs. A second day of strong trading above this zone suggesting a breakout and retest of the 26.50-28.00 zone where consolidation occurred for weeks at the end of the summer in to the fall before September sell-off.
Long SLV calls
Long SLV calls
Note
Also wanted to note the failed breakouts of this trend line on election day and Dec 07/08 -
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