sreebhashyam

XAGUSD - SILVER BULLET

Long
SAXO:XAGUSD   Silver / U.S. Dollar
Silver is in the news and remains in the know. The upmove yesterday confirms the strong interest in this space and thus continue to favour the upside. As part of the wave we have the truncated wave 5 and the beginning of next impulse to the upside. Within this impulse we completed wave two and yesterdays break start of wave three should try 25 plus area. Suggest longs with conservative stops 22.70 aggressive 22.40 for move to 25.30 good risk reward. Stay Long Silver is new Gold.

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