Silver Has Chance For The Further Bigger Growth| FXMAG.COM

Technical analysis:
Trading recommendation:

Technical analysis:
✕

Silver has been trading upside this morning and there is chance for the bigger growth due to the strong upside trend in the background.

Trading recommendation:

Due to the strong upside pressure in the background and surfing the rising trend-line, I see potential for the further growth.

Watch for the potential buying opportunities on the intraday dips with the upside objectives at the price of 21.33 and 21.94.

MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.

Key support is set at the price 21

Relevance up to 09:00 2022-11-19 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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