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The XAG/USD (silver) is down by 70% from its historic peak reached in March 2011 , nevertheless i remain optimist on this asset because at the moment appear well supported by the bullish trend line ,as you can see on this chart of long period .
The first positive signals come by the Stochastic oscillator that become positive after three days of rise , at this point the silver should continue on this way , at least up to reach the Fibonacci resistance ( i mean 50% level) .
The first positive signals come by the Stochastic oscillator that become positive after three days of rise , at this point the silver should continue on this way , at least up to reach the Fibonacci resistance ( i mean 50% level) .
