Silver (XAGUSD)
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Silver - Path is clear for all time high

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Silver seems to be gearing up to breach all time high. Factors that support this idea are as follows:
  • Vital resistance of corrective parallel channel is taken over with high volume.
  • Price has broken out from inverse head and shoulders pattern.
  • Break out is supported by divergence on MACD.
  • Price had been respecting and bouncing off from ascending trendline.

All these factors give credence to the idea of surmounting all time high.

交易進行
Had a powerful bounce from support area.
交易結束:目標達成
Beautiful!

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