Oz001

Silver , Just a small short term trade , possible short position

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
1hr time frame , we have possible short entries developing for a short position , price is currently struggling to keep momentum moving to the upside , as we can see a lot of in-decision within the 18.400 - 18.300 , should we see a strong reversal from the descending trend line , a short position can be taken with low risk. We may move down even as far 18.000 , where we can expect major buying to occur. But for now short term short position.
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.