zhipengcfel

Silver got supported at the supported zone

Long
zhipengcfel Updated   
FX:XAGUSD   Silver / U.S. Dollar
Silver got supported at the support zone and 0.5 fib level after the zigzag sharp correction.
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.
Comment:
Resistance breaks. Silver is heading for higher!
Comment:
It seems that silver got supported after the pull back. I am going to long it again. Good luck to me!
Comment:
Nice rally!
Comment:
Very nice rally! Pay attention to the upper channel of resistance at around 19.
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