Good Morning traders today I bring you a trade on Silver (XAUDUSD). Many analysts believe that price of Gold and Silver is going down but I think there is a high chance that we see price rise today.
The 50 moving average is acting as support, at least for now and this is enough for me to go by.
Entry: Market at 25.52
Stop at 24.70
Profit at 27.15
The 50 moving average is acting as support, at least for now and this is enough for me to go by.
Entry: Market at 25.52
Stop at 24.70
Profit at 27.15
Trade closed: stop reached