A Large Bullish Movement on XAG on the Horizon?

Google+ Pinterest LinkedIn Tumblr +
At the moment, the price moves simultaneously within two channels, yellow and green. It is possible that the bulls are now gaining strength to create an uptrend to the upper bound of the yellow channel and the resistance level of 20.641. Thus, during the next trading week, we can expect a large bullish movement. However, if the support level of 17.435, which is on the lower yellow bound, is broken below, the decline will continue to the lower green wall and the next support level of 17.049.
Share

About Author

Leave A Reply

Translate »