FX.co ★ Silver Bounces From The Line Of Support. Hold Long Positions...

Technical Outlook and Trade Recommendations:
As depicted above, line of Support/Consolidation has once again been tested, and this possibly is the last time before rallying to fresh highs. The rally should take at least 1-2 trade sessions to materialize. NFP's would be the trigger event. 26.50 is strong support for Silver and till the time the metal is trading above those levels, any intraday dip, is a buying opportunity for traders. 28.90 levels is interim resistance and bulls would take it out soon enough. Stay long for now.
Trading Recommendations:
Stay long for now, stop below 26.50, target above 30.00

Good Luck!