SHORT ON SILVER XAG/USDSilver has built lots of sell side liquidity since June 10 and should now be ready to sweep it.
I will be selling silver to the next demand level.
Sellsilver
Silver bells have a morbid tone compared to gold target to R24.1Unlike Gold which is still holding its stature in the Symmetrical Triangle.
Silver has broken below not only it's Uptrend but also below the neckline of a Head and Shoulders.
Now commodities don't stay down for too long normally, so I wouldn't be surprised if this market rockets up due to some "catalyst" in the new year.
But until then, the price and nature is bearish and will set a target of around $24.15.
The price does however need to close below the 200MA to make it a higher probability idea.
SILVER ShortHey traders, in today's trading session we are monitoring Silver for a selling opportunity around 26 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
