Silver - LONG

SILVER has been trading in a horizontal channel for 2 months. It looks like what appears to have been a breakdown has now reversed. An inverse head shoulders pattern pattern has formed and currently we are testing the downtrend resistance line. If broken, a great entry will be on the retest of the head and shoulders neckline. A target being the mid channel resistance.
Chart PatternsSilversilveranalysissilverlongTrend AnalysisXAGXAG USD ( Silver / US Dollar)xagusdlong

Penafian