Luettis

Silver long or false flag?

TVC:SILVER   CFDs on Silver (US$ / OZ)
I see two scenarios for the moment:

1) The silver-price is leaving the trend-channel and furtheron rising to the fib 38%
+ MACD must rise immediately

2) the silver-price is falling back to trend-channel and continuing its fall to about 15,31$ (black line - coming from past turning points)
- MACD stays in negative terrain and is even tumbling deeper

I would wait for a while and watch prices and MACD.


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