Trade of the Day Silver

Silver is testing the upside resistance

 

Silver is testing the upside resistance 26 for a continuation higher. A confirmed break above this level is important for an extension higher to 30. We need to see a break below 25.50 for invalidation and a deeper pullback. As long as the instrument is above a strong confluence of the support 24.40 we could see an extension higher to 30.

Note – Look for long trade entries upon a break above 26

Silver price action trading strategy

 

 

 

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!

Scroll to Top
×