Alike Gold, Silver is in a clear downtrend.
The price corrected the previous leg down and the rise stopped just under 16 strong resistance.
The major trend is ready to resume now and a down correction for Gold can only help.
I will sell Silver for a 14 target with stop loss above 16 for a comfortable R:R of 1:1,5
The price corrected the previous leg down and the rise stopped just under 16 strong resistance.
The major trend is ready to resume now and a down correction for Gold can only help.
I will sell Silver for a 14 target with stop loss above 16 for a comfortable R:R of 1:1,5
📈 Forex & XAU/USD Channel:
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💎 Crypto Channel:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.