TradePlus-Fx

☑️SILVER: towards 25.53950

Lång
OANDA:XAGUSD   Silver/USA-dollar
➡️ Metals are prone to growth in the conditions of hostilities in Ukraine. After the weekend, the situation only escalated, thus significant losses for Silver and Gold are unlikely.

Technical analysis supports this idea in the long for the specified trading instruments. At the moment the price is inside the balance 24.58185 - 25.53950. At the end of March, a promising false breakout was made, which sends buyers to the upper limit of the indicated range. Partial profit-taking, or at least moving to breakeven, is best done after the price reaches the level of 25.07730 (intermediate target).

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