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themarketzone

Can the Silver finally breakout of resistance?

Prata/Dólar Americano (FX:XAGUSD)  
themarketzone  
FX:XAGUSD   Prata/Dólar Americano
Silver XAG USD ( Silver / US Dollar) CFD structure Trend Lines
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silver xagusd cfd structure trendline
Silver already broke out of its daily downtrend line.
For more than a month, it has been building a daily bottom but still couldn't really breakout of the 16.5 resistance zone.
On its way, it must pass the 16.2 minor resistance zone.
17.5 and 19 are my extended target levels for the potential bullish move.
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