josephdahrieh

XAG-USD Silver missing leg down?!!!

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
silver is trading in an expanding triangle labeled as wave 4 (iv) and just finished the final leg expected in this triangle.
we are waiting for NFP report in 40 minutes in which i expect a move lower for silver to finsish 5 waves down.
16.30 level is interesting level to long again silver.

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.