While gold has been rallying, silver has been silently consolidating getting ready for lift off....
Last daily candle close was a bullish engulfing, which makes me confident to long any retrace down to 14.650 region, stop loss below bullish engulfing candles low....
Last daily candle close was a bullish engulfing, which makes me confident to long any retrace down to 14.650 region, stop loss below bullish engulfing candles low....
Trade active
Silve made a decisive move up, closing the daily candle inside the red block, that is the first sign of resistance looking to be breached. My long entry triggered at 14.650, stop loss is at break even now. Looking forward to coming week
Note
Re-entering Silver long, it came down to support region and rocketed up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.