SILVER Is Going Up! Buy!

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Please, check our technical outlook for SILVER.

Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is approaching a significant support area 29.428.

The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 31.535 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

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13 thg 6

Ghi chú

Great beginning for a trade, let’s hope it goes further!