Tradeplicity

SILVER - ABC Breakout

Lång
FX_IDC:XAGUSD   Silver/USA-dollar
1
Silver recently broke out of a consolidation zone, also a flag formation. It broke pull back to recent resistance now support and seems to be getting ready for the next impulse move. On the fundamental front, uncertainty is still in the air, markets are volatile and the presidential race could have a big effect. And this also in on track with our long term view of Silver and a cup and handle formation as describe in our previous Silver analysis.

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