Andranikthegreat

Silver USD Weekly Looking Super Bullish

לונג
OANDA:XAGUSD   כסף / דולר אמריקאי
Silver USD is looking super bullish on the weekly. Currently forming a bullish cup and handle with resistance at $30. The next Fibonacci resistance aligns nicely with the measured move from the cup and handle pattern, and would take us to about $34.50 USD. This region for me represents the final gates to open the real bull market in silver, as we did not spend long in the higher regions, and there was not as much trading volume in them, we can expect a quick spike into price discovery mode. As always, buying physical silver is the best kind of silver, and none of this is financial advice. If you have comments or questions, please feel free to leave them below!
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