Xagusdlong
Silver just finished the 4th wave and started the 5th.Silver was in a corrective 4th wave triangle and it just finished today. The 5th wave should take us up all the way to around 22.100 . If you want to be on the safer side, wait till silver breaks the upper side of the triangle then place your trade.
Buy 19.670
SL 19.472
TP 22.100
Good Luck
Bullish Pennant on XAGUSDAfter Brexit we saw a solid jump along with #XAGUSD. The aftermath has resulted in what looks like a bullish flag for continuation. I longed this heavily just a few hours prior to Brexit becoming a reality (was privileged with a suitable timezone as early results came in) with an entry around 17.5 but for now I'm holding my trade open (and a similar one on #XAUUSD) for more continuation.
Expecting Silver may touch 14.72After Silver doing See saw on price & trend. The Silver has finally decided to go North. The upper rally was signaled on 26 January 2016. In near future Silver is poised to go up. on moderate view chances are bright that it may touch 14.72$ to 14.83$. On a brighter side a level of 15.17$ can also be breached in near future.
Caution: The above are our personal view. Neither a recommendation nor a tip nor an advice for any trade. Please consult your personal financial adviser before investing.