TheTrex

Silver - The VERY close to breakout!

Long
TheTrex Updated   
FOREXCOM:XAGUSD   Silver / U.S. Dollar
Like gold, silver demand is SO close to a up run! Thank me later.
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Major targets: 20/28/34/40/50 USD
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26th of February Keep an eye on silver, it's the reversal point for a new bull run :)
Trade active
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5 more days! 26th is coming close
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30 July next date if this one fails. More consolidation thus.
Trade active:
We got first signs of an upcoming breakout! Stay tuned and watch this triangle break up.
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Silver getting more interesting during war conflicts and economic tension
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Tension is building up slowly because of warfare and politics, we got a breakout signal since 26th of February all the way to 30th of July, after 30th of July things should really get going! Still cheap to buy (16.60) and look for target of 20/21 USD
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Momentum getting stronger! Silver slowly breaking out.
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Getting bullish on silver now! 3 failed bear attemps, on MACD 2W, starting to turn bull here in few weeks.
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Furthermore, consolidating triangle, once it breaks up lots off buyers will join! Scaling in now or trading breakout will be very nice trade here. These setups don't happen that often.
Trade active

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