DanjaZown

Silver is looking good!!

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Massive breakout from a multi year consolidation. Currently in a small down wave and bounced off of $26.00 (roughly) which breakpointtrades.com thought was resistance (I agreed). Currently we are in a declining wedge on the hourly pattern and I am expecting a breakout followed by a fast run to about $40 to 50.
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.