SI - testing 40dma & 200dma

3 thg 6, 2019

Silver broke back above the down trend line that it fell below in early may.

It is now testing the 40dma and 200dma as of me writing this. I would buy this on a pullback. Areas of resistance afterwards are: $15, $15.35, $16.40.

7 thg 6, 2019

Ghi chú

No pull back yet. Ended the week right at the 10wma (50dma).

There is volume to support this break out, though it is struggling around the $15 level. Still in wait and see mode on how it reacts to $15