Silver I Potential upside

١٧ أكتوبر ٢٠٢٣

Hello,Traders!
.
.
.
.
.
XAGUSD (Silver) is trading in a downtrend on the daily and sitting
right below the 50 MA. After the recent decline and consecutive
rejection at 20.73, price has been pushing upward in an impulse,
correction phase. It is currently rejecting the 32% fib after the
impulse rise from 21.77. All signs are pointing to more upside at
the moment with a potential target to resistance 23.50

Trade safe and good luck!

Like, comment and subscribe to help us grow!

Check out other forecasts below too!