Silver Bulls are Getting Stronger

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

Silver is bullish. We could see a bounce between D L3 and D L4 as it’s a POC zone. Silver should be going up.

26.44-63 is the zone which has a confluence between 50.0 and 61.8. A bullish bounce might be targeting 27.06, 27.28 and 27.65. However, for the price to reach targets we need a stronger momentum. A close above 27.06 should show additional buyers and the price might get faster. Ideally the price should stay above 88.6 confluence 26.01 if the trend is to stay bullish.

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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