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XAGUSD:still targeting 18.6 on wkly chart  بيع

Silver/U.S. DollarFXCM

الوصف

Traders,

GOLD and Silver rose quit a long time since December 2017, and as mentioned before, any healthy correction would help them to rise higher position.

For SILVER, a broken trend line ( RED ) on daily chart is now confirmed . Bfore touching 18.60, a corrective wave dig down to 16.3 is possible for the coming 1 or 2 wks. On wkly chart, SILVER has a long-term trend line supporting it, you could treat it as an ascending triangle too, which is a bull pattern. On that pattern, silver could touch 18-18.6 in the first half year of 2018.

Less is more!




تعليق

The light blue zone is pressure silver down .

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تعليق

entry:$16.850
tp2:$16.270
result: $0.580 580 pips!
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تعليق

Heading down to tp 3!
التعليقات
Tara
Hi, As of this writing, silver's price is 16.28. Do you think it will fall below 16? Do we expect a reversal soon?
thesilverbullet
nice one! whats your buy at right now?
MedinTrade
@FUNTRADER-Vera XAUUSD coming soon did I missed it? Thanks for your time.
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