XAGUSD: Silver offers a buy on dips

We have a potential long entry if Silver drops back under 17 after the market opens. A tight stop could be 16.765, and you could also use 16.444 if more conservative.
The setup calls for upside to 17.63, or even up to 18.051.
Keep risk under 1%, and give it a couple days from entry. The daily chart triggered an uptrend but I don't know for sure if it won't chop instead of trending again, so, don't risk too big on this trade.

Good luck,

Ivan Labrie.

تعليق:

If you bought close to 17, stop can now sit at 17.095

تم إغلاق الصفقة يدويًا:

Target hit, we dropped during NFP and retested the buy zone. I'm long again, after closing in profit at the target. Stop: 17.102, entry: 17.449

تم فتح الصفقة

تم إغلاق الصفقة يدويًا:

Target hit, better exit.