XAGUSD - Bullish Breakout
Silver has been in a bullish run same as gold. The retracement serves as a good discount to join in with the rest of the buyers. The trendline breakout to the upside serves as confluence that the retracement is now over. A 1:3 risk to reward ratio is perfect for the trade
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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.