AG Entry Position
Based on historical patterns after FOMC meetings announcing a rate hike, I expect First Majestic Silver to drop around 20%.
This could be anywhere from 1 week to immediately after the FOMC meeting on March 15th, 2017.
Influencing factors that would change this target:
DXY losing strength
Low GDP numbers from last week.
This could be anywhere from 1 week to immediately after the FOMC meeting on March 15th, 2017.
Influencing factors that would change this target:
DXY losing strength
Low GDP numbers from last week.
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