Silver / U.S. Dollar
Long
Updated

Silver got supported at the supported zone

Silver got supported at the support zone and 0.5 fib level after the zigzag sharp correction.
Elliott wave analysis on silver: sharp correction following?

The next target can go up to 16.96 at least.

Trading suggestions:
Go long when it retraces back to 16.17~16.27
SL at 15.9
TP at 16.96

Good luck for everyone!
Trade closed: target reached
Target achieved. I will wait the finish of the retracement and buy again.
Note
Resistance breaks. Silver is heading for higher!
Note
It seems that silver got supported after the pull back. I am going to long it again. Good luck to me!
Note
Nice rally!
Note
Very nice rally! Pay attention to the upper channel of resistance at around 19.

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