Tradeplicity

Can Silver Rally?

Long
FX_IDC:XAGUSD   Silver / U.S. Dollar
1
Silver recent Dip could be a shake out before the impulse move out of this Cup and Handle Formation building up for some time now. Price right now is testing the rising trend line for the third time. We are long Silver and we will buy on dips.

Our view is not of day trading and short term but a longer established gold/silver rally to pursue in the months maybe years to come.

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