Viktor_strifor_analyst

Strifor || SILVER-13/03/2024

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Preferred direction: BUY
Comment: Despite the temporary strengthening of the American currency against the backdrop of the US CPI, metals, like nothing else, retain a strong buy-priority. The current setup will only allow you to throw off “extra passengers” and recruit new sellers as a “resource” for new growth.

Pressing the price towards the resistance at the level of 24.40 will most likely realize growth towards the level of 25, at least. Silver currently has the strongest long setup, but other metals are also expected to rise.

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Trade closed: target reached

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