Strifor || SILVER-26/03/2024
Preferred direction: BUY
Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver, is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers" and attract more sellers. In turn, this allows, with new forces (updated resources), to make a breakthrough towards the local maximum at level 26. The above assumption is fully consistent with scenario №1.
Scenario №2 is also in our arsenal, but in this case the trade volume is less than in scenario №1, since the likelihood of such a maneuver being realized is much less.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver, is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers" and attract more sellers. In turn, this allows, with new forces (updated resources), to make a breakthrough towards the local maximum at level 26. The above assumption is fully consistent with scenario №1.
Scenario №2 is also in our arsenal, but in this case the trade volume is less than in scenario №1, since the likelihood of such a maneuver being realized is much less.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Transaction en cours
Transaction en cours
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Trade fermée: cible de profit atteinte
Reversal is expecting.
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.