derzzycharts

Silver - bull market approaching

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silv is showing alot of resistance on the 200 EMA for the weekly. The MACD-H is showing bullish and as far as i can tell there is no other resistance other than just under the $22 USD range. The psychological barrier at $20 USD will be one to watch as it represents a big even. once we pass the 200 EMA long to the big even of $20.

The 50 EMA has just crossed the 20 EMA which is a bullish sign as well.
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