All posts from TradingView
TradingView in TradingView,

Silver ready for Takeoff?

Silver ready for Takeoff?


Silver0.00%% is trading at it s Make or Break-Level @ 16.0$.

This Level is the key resistance level wehre a decisicion can be made:

1. Trying to catch the Breakout through the big resistance level with a Long Position entry 16,05 sl 15,4$ TP 17.20
2. You don`t believe the resistance will break? Then a short Position at the actual level could be interesting. Entry @ 15,97, SL 16.20 and TP 14.90$

The Chart seems to me bullish for me. I see a bullish flag with buy-Trigger at 16$ (stopbuy) Silver0.00%% has crossed the sma 200 - this could be seen as a longterm buying-signal.