Welcome to 21FX. Just like with Gold we are seeing the trend working well with Silver. When you add the Fibonacci levels you get a clearer picture of what is the potential movement to come next week in Silver. We would expect a support below before a bounce and a chance for buyers to cover some longs from above. Please do give us a like, comment and follow.
Welcome traders to 21FX. Important close here on Gold on Friday which hints that there is a possibility that we will see some more decline in the coming week. We've closed below the support so a small movement up is not out of the question. The trend is acting as a clear guide so we shall continue to use it as part of the trading plan. The support level of...