krugman25

XAGUSD - Watching for bullish price action from key support

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FX_IDC:XAGUSD   白银/美元
Silver has reached a key support level. Price action has been range bound for a long time which means we will be looking to trade off of key support/resistance levels. Silver has reached the bottom of it's sideways range and will absolutely need to hold to prevent a bearish trend. It's the moment of truth for the bulls. We will be watching for any bullish price action to get long at this level. That may come in the form of bullish pinbars, morning star, engulfing bars, etc.
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