Silver is trading at it s Make or Break-Level @ 16.0$.
This Level is the key resistance level wehre a decisicion can be made:
1. Trying to catch the Breakout through the big resistance level with a Long Position entry 16,05 sl 15,4$ TP 17.20
2. You don`t believe the resistance will break? Then a short Position at the actual level could be interesting. Entry @ 15,97, SL 16.20 and TP 14.90$
The Chart seems to me bullish for me. I see a bullish flag with buy-Trigger at 16$ (stopbuy) Silver has crossed the sma 200 - this could be seen as a longterm buying-signal.
This Level is the key resistance level wehre a decisicion can be made:
1. Trying to catch the Breakout through the big resistance level with a Long Position entry 16,05 sl 15,4$ TP 17.20
2. You don`t believe the resistance will break? Then a short Position at the actual level could be interesting. Entry @ 15,97, SL 16.20 and TP 14.90$
The Chart seems to me bullish for me. I see a bullish flag with buy-Trigger at 16$ (stopbuy) Silver has crossed the sma 200 - this could be seen as a longterm buying-signal.
