Comex Silver Signal
A good day for our Silver signals subscribers. We were holding buy in xagusd since last week. It finally hit our target today and we ended at our target. Lets see what signal my subscribers received in xagusd.
Buy Silver at 15.14$ with stop loss of 14.94$ for target of 15.36$. Xagusd fired and made high exact 15.36$. We booked more than 100 pips profit in this trade and made over $1000 profit per lot.
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Currently silver price trading at 15.27$ much higher since morning. As updated in my gold report today precious metals are positive only. Silver resistance now stands at 15.55$. If traders break and sustain above 15.55$. Then expect firepower in this precious metal upto 15.70$- 15.92$.
Support in xagusd chart stands at 15.10$. If traders break and sustain below 15.10$. Then expect good pressure in this precious metal till 14.92$- 14.70$.
Conclusion: Silver trend is positive for now. Avoid major selling on higher levels and look to buy in dips. Do not sell till market is holding above our support. If bullion manage to break our base then stay clear from any positions of buy.