XAGUSD Channel Up bottom buy opportunity.
Silver / XAGUSD is trading near the bottom of 15 month Channel Up with the 1day MA50 and MA200 on a parallel move.
The 1day RSI is on a Channel Up / Bullish divergence since May 25th and it is much like the bottom trade at the start of the Channel Up.
Buy and target 25.900 (bottom of Resistance A).
Previous chart:
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The 1day RSI is on a Channel Up / Bullish divergence since May 25th and it is much like the bottom trade at the start of the Channel Up.
Buy and target 25.900 (bottom of Resistance A).
Previous chart:
Follow us, like the idea and leave a comment below!!
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