Silver approaches the support area should we start buying....
Chart Analysis:
Strategy:
- the price remains above the weak daily support line at the level of 16.883
- the RSI indicator doesn't have any obvious shape
- the price is still under the SMA 20
- No candlestick configuration which shows a reversal trend
Strategy:
- when the price hits the weak daily support line i'll buy a small amount
- if the price keeps on drowning i'll buy again a small amount while the price doesn't breakout the strongest monthly support line:: I use this kind of strategy only in precious metals
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