Silver trade idea react higher from Fib!

SILVER XAGUSD XAGUSD


Trade idea

Silver - Intraday - We look to Buy at 15.10 (stop at 15.00)

Prices have continued the bullish move higher and resulted in 3 consecutive positive days.
Levels close to the 50% pullback level of 14.92 found buyers.
Previous resistance level of 15.15 broken.
Little net movement overnight.
This is positive for sentiment and the uptrend has potential to return.

Our profit targets will be 15.45 and 15.55

Resistance: 15.30 / 15.47 / 15.57
Support: 15.20 / 15.10 / 14.90