SILVER (Prj 2019.P01.E01).Go LONG with Silver
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With the current climate of treasury bonds and negative yields and the control of Gold ( paper work ) and industry needs for silver, the people in the know say to buy GOLD and SILVER.
Hence why I'm doing a quick TA on SILVER.
Observations:
- Bounce off the 0.886 Fib Level retracement and the 0.786 at the MACRO level.
- Price closed above the weekly 21 EMA and 55 EMA, etc
- Price closed above the monthly 55 EMA
- Action price looks BULLISH
- Double bottom
- BULLISH divergence in play on the weekly
Monthly Chart
Hence why I'm doing a quick TA on SILVER.
Observations:
- Bounce off the 0.886 Fib Level retracement and the 0.786 at the MACRO level.
- Price closed above the weekly 21 EMA and 55 EMA, etc
- Price closed above the monthly 55 EMA
- Action price looks BULLISH
- Double bottom
- BULLISH divergence in play on the weekly
Monthly Chart
Nota
Chart progress updateNota
Nota
Updating chart (support lines) 
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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