SILVER Trendline Resistance Break

1월 26일

Hi Traders!

SILVER has broken its trendline resistance on the 1D chart.

Here are the details:

The market has found support around the 21.874 level, which is a previous swing low. Today's candle has opened above the trendline resistance and is currently on the 20 EMA.

We are looking for a close above the trendline resistance and a momentum push above the 20 EMA. The plan here is to buy market dips near the trendline resistance.

Preferred Direction: Buy

Resistance (FLAG CHANNEL): 23.25
Support (FLAG CHANNEL): 21.874

Technical Indicators: 20 EMA

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Trade safely and responsibly.

BluetonaFX