kaotic363

Silver set to test $17

Long
kaotic363 Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
Seems like a very good opportunity with excellent risk/reward to take long Silver right here. Target up to downtrend resistance of $17-17.25 range so good for about $3/oz upside. Should silver break decisively over $18 then there could be much more to the long side but one step at a time...
Comment:
Plan to hold long but if Silver closes under $14 on a daily basis, that's a sign to exit.
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