ChartProphet

Silver in CRITICAL position...

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
I think silver had way too fast of a run up here this last few months. I think that this descending triangle could play out, RSI could drop and we might end up chasing long term support around the 200ma. I think silver could head back to $16.30 for a Golden Retrace, and then $14.30 ultimately. This is not trading advice and highly speculative analysis by a non-pro.

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