Strifor || SILVER-13/03/2024
Updated
Preferred direction: BUY
Comment: Despite the temporary strengthening of the American currency against the backdrop of the US CPI, metals, like nothing else, retain a strong buy-priority. The current setup will only allow you to throw off “extra passengers” and recruit new sellers as a “resource” for new growth.
Pressing the price towards the resistance at the level of 24.40 will most likely realize growth towards the level of 25, at least. Silver currently has the strongest long setup, but other metals are also expected to rise.
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Comment: Despite the temporary strengthening of the American currency against the backdrop of the US CPI, metals, like nothing else, retain a strong buy-priority. The current setup will only allow you to throw off “extra passengers” and recruit new sellers as a “resource” for new growth.
Pressing the price towards the resistance at the level of 24.40 will most likely realize growth towards the level of 25, at least. Silver currently has the strongest long setup, but other metals are also expected to rise.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
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Trade closed: target reached
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