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Silver in Uptrend channel.

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Perak / Dolar A.S. (FOREXCOM:XAGUSD)  
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FOREXCOM:XAGUSD   Perak / Dolar A.S.
Support and Resistance Silver XAG USD ( Silver / US Dollar) xagusdlong XAG silverlong silveranalysis commodity signalservice signalsprovider
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supportandresistance silver xagusd xagusdlong xag silverlong silveranalysis commodity signalservice signalsprovider
Silver (Spot) - Short term - We look to Buy

Trading within a Corrective Channel formation.
Prices have reacted from 23.58.
The trend of higher lows is located at 24.00. Further upside is expected although we prefer to set longs at our bespoke support levels resulting in improved risk/reward. Pivot resistance is at 25.53.
Preferred trade is to buy on dips.

Our profit targets will be 25.53 and 26.50

Resistance: 24.55 / 25.21 / 25.53
Support: 24.00 / 23.75 / 23.51
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