Technical Outlook and Chart Setups:
The trend structure remains unchanged since range breakout; swing movement from A to B as depicted here. Please note that prices have just completed a gartley (downswing within the larger upswing) on last Friday; the level beings at 29.22. Till the time prices stay above this level, it is strongly recommended to buy on every intraday dip. Immediate resistance is at 31.50, followed by 32.50, 33.50, and 34.30/40 respectively. Looking higher from here on.
Trading Recommendations:
Hold long positions taken earlier, buy further on intraday dips, stop is at 29.00, and target is open.
Good Luck!
The material has been provided by Instaforex Company - instaforex.com
For detail explanation and best discovery on market trends you may visit via Silver Remains Grossly Bullish. 29.22 Level Is Potential Larger Swing Support . Thanks for your support on Silver Remains Grossly Bullish. 29.22 Level Is Potential Larger Swing Support
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