hanzhao311

Silver 4 hour chart review

OANDA:XAGUSD   Silver/USA-dollar
Silver on the 4 hour has its choppiness index line breaking down the 45 level which indicates trending (UP) momentum. ADX at the same time is about to break up the 0 line.

Next couple of days let's see if it can push back to R2 and R3 (weekly) at around 28.4 and 28.95$ respectively.


Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
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