Silver Should Bounce Soon

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

Silver has retested a historical support and is ready to follow up a long trade.

We can see a daily confirmation of buyers in the POC zone. If the market makes a bounce in the zone we could see a retest of M L3 and M H3 levels. M L3 is 24.83 and 26.09 could be the target. For bulls to win this swing the price needs to stay above 23.00.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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