As shown in the chart, silver is moving in a symmetrical triangle. Simple way to trade it is within the triangle and after breakout on closing basis. For convinience I draw abcd waves. But it doesn't mean exact moving path of the price. But you can take help from it.
Silver Interestingly Poised ? Nicely Holding the Green Area ?
Bullish COT Report, Momentum Diverging on W, D & 240 min Charts.
With that in the background if the 4 Hour start closing above 16.250, the momentum can take it to 18.350.
Again 18.150 is Crucial area, if it is able to SOLIDLY sustain the up-move above 18.250-18.300 area, then medium term Silver is in...
