#Silver – Gains reached +9% this week, we booked some profit as we have reached BIG resistance levels

FXTT Instructor 22/07/2019 Uncategorised

Silver had a stellar week and we have generated healthy alpha. Silver closed the week with a 6.29% gain and has reached some big levels. We are still super bullish Silver and looking to re-enter for more upside gains.

1. Silver Daily Chart – Logical place to take profits, a pullback possible.

2. The ‘awakening’ of the Silver/Gold ratio a very positive tailwind for industrial metals and Commodity FX , especially the Aussie

Who are we? Forextechtalk was created by institutional traders with many years of experience and success at the trading terminal.

Our Mission: Sharing our deep knowledge and experience in the Capital Markets in order to help educate traders. We aim to provide traders with timely and relevant opinions on the developments of the Capital Markets with a special focus on the Foreign Exchange segment. We aim to keep traders on the right side of the market through practical and multi-dimensional analysis, day in day out.

#Silver – Gains reached +9% this week, we booked some profit as we have reached BIG resistance levels

1. Silver Daily Chart – Logical place to take profits, a pullback possible.

2. The ‘awakening’ of the Silver/Gold ratio a very positive tailwind for industrial metals and Commodity FX , especially the Aussie

Disclaimer