Silver remains on course for success
The silver price (XAG/USD) has been in an upward trend since the end of November, with rising highs and lows.
Silver is currently performing much better than gold, which is why we clearly prefer this asset.
As long as the support at USD 26.70 and USD 25.90 is not sustainably undercut, we expect a further upward movement to the make of USD 29.30. The next high will be on February 24.
The next high is expected on 24 February (+/-).
(Our turning dates have an average tolerance of 3 days. In 80% of the cases it is 2 days).
Note:
Within our G.I. Swing trading strategy uses three special analysis methods. In this article, only partial aspects were published and does not represent a complete trading system, investment advice or purchase recommendation.
Silver is currently performing much better than gold, which is why we clearly prefer this asset.
As long as the support at USD 26.70 and USD 25.90 is not sustainably undercut, we expect a further upward movement to the make of USD 29.30. The next high will be on February 24.
The next high is expected on 24 February (+/-).
(Our turning dates have an average tolerance of 3 days. In 80% of the cases it is 2 days).
Note:
Within our G.I. Swing trading strategy uses three special analysis methods. In this article, only partial aspects were published and does not represent a complete trading system, investment advice or purchase recommendation.
