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Long Silver - It may be a bottom in $XAGUSD Silver
Silver / U.S. Dollar
Long
Long Silver - It may be a bottom in $XAGUSD Silver
By JohnYoon
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Jul 28, 2022
1
Jul 28, 2022
Pros:
great 68% retrace
bounced from good support
nice buying over a few days
Fed is flipping and slowing hikes.
4H new uptrend
Cons:
still, interest rates will be going up - so might put some pressure on Silver
Trend Analysis
JohnYoon
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