I'm seeing price slowing and a potential reversal to the upside on XAGUSD, MACD divergence with an RSI oversold. I'm gonna go out on a limb and surmise the break out of the support level is false. I'm fairly bullish on metals and I think the USD is going to weaken over the longer term. 1% Risk 2:1RR - Happy Trading!
Trade closed manually
Scalped out a bit from this move. I see lots of upside on Silver now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.