@bjones85 on XAGUSD | PriceONN Community
B
I'm spotting a bullish engulfing pattern on the daily chart! It's a strong sign that the bears are losing steam and the bulls are taking over. The engulfing candle completely covers the previous day's candle, indicating a significant shift in momentum. Plus, with the recent news about Resolute Mining greenlighting that Doropo gold project, sentiment around precious metals is looking pretty good. I'm thinking this could be the start of a major rally for silver. I'm adding to my long position here. Let's goooo!