Market watch $Silver 5/11/2017

 Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.

On our market watch, today is Silver. The instrument is bouncing from the 16 level and this bounce is happening around the long-term uptrend line, as shown on the weekly chart, giving us a nice Risk Reward long trade opportunity.

The possible trading strategy is going long on the market with the SL below just slightly below the 16 level targeting 17.50-18 zone at least on the upside.

Happy trading! (click on the chart to enlarge it)

 

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