Preferred direction: BUY
Comment: Let's refresh our previous silver trading idea. Here, as before, we expect more strengthening of the buyer, however, it must be said that the situation is quite uncertain, and it would be better to even take a closer look at the same major currency pairs, the situation there is more interesting. Scenario №1 is already in progress, and the pressure at 27.50 indicates a likely breakout upward towards the target at 28.50. We don’t forget scenario №2 and keep it as plan B.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!