Silver accumulation

28 באוק׳ 2016

Silver price action has been quite flat for a few days now but there is an interesting fact to observe: it seems clear to be some accumulation in this area creating a solid support. You can see three different volume indicators all pointing upwards. OBV has been going up way faster than price and money flow index is coming back to bull territory.
This same feature is visible in XAUUSD