Silver Breaks Through Neckline Of H&S Bottom - BofA Merrill

Silver Breaks Through Neckline Of H&S Bottom - BofA Merrill

19 April 2016, 22:53
Vasilii Apostolidi
0
31

The price breakout up through the Ichimoku cloud and horizontal neckline at $16.10 points silver back to a historically important area of about $18.59.

The Ichimoku cloud is also nearing a bullish cross while MACD just turned more bullish by crossing above zero.

Momentum as defined by RSI broke out to its highest level in years suggesting momentum supports this trend.

Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105           

 

Share it with friends: