SILVER Will Go Up! Buy!

Updated
snapshot
Here is our detailed technical review for SILVER.

Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is testing a major horizontal structure 29.039.

Taking into consideration the structure & trend analysis, I believe that the market will reach 29.405 level soon.

P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.

Like and subscribe and comment my ideas if you enjoy them!
Trade closed: target reached
That was an excellent trade and the target was reached too!
buyChart PatternscurrencyforecastForexLONGsignalsSilverswingtradingTrend AnalysisWave Analysis

✅JOIN FREE TELEGRAM: t.me/signalsproviderfx

💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx

🌐WebSite: signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
Also on:

Related publications

Disclaimer