ForexAnalytix

A relief rally for Silver?

看多
FX:XAGUSD   白銀 / 美元
Following the FOMC decision, despite the rally in the US Dollar as the FOMC raised rates 75bps, gold and silver ironically went higher too. Silver could be on the cusp of a relief rally near term, especially if today's highs at 19.90 and broken and we get a daily close ABOVE 20.00. A descending trend line from early May is capping the rally. Also, the precious metal may be developing a bull flag pattern. To confirm this move, I would be watching the RSI (lower panel) to see if it points higher with price. Expected target on a breakout would be 21.35 which are also some previous key support levels. 

Community - www.forexanalytix.com/sign_in
Prop trade with Forex Analytix - bit.ly/3t0NdRB
Forex Analytix Community Experience - www.forexanalytix.com/webinars/face/sign_up
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。