Silver upside support bounce
Silver is bouncing off the upside support 26-26.200 zone. To continue upside we need to see a confirmed break above the 27.200. As the instrument is squeezed here we need to see a break below 25.500 for a complete downside reversal. As long as the Silver is above 25 the uptrend is intact.
Note – We are inclined to long trade entries upon a break above 27.200 while a break below 25Â will give us a perfect short trade opportunity
If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.
Copy our trades!