1304 P1/8 SILVER: could be rejected again by the red trend line
XAGUSD is not working really well this week, ending beneath the red trendline.
The red support zone could be a weak support if XAGUSD being rejected again by the red downward trend line.
One way to save silver is that it keep sideways move to break the red downward line and rally up to position 5.
Otherwise, will see 14 soon.
Considering the current position is beneath red downward line, I mark short for THIS CHART.
Less is more!
The red support zone could be a weak support if XAGUSD being rejected again by the red downward trend line.
One way to save silver is that it keep sideways move to break the red downward line and rally up to position 5.
Otherwise, will see 14 soon.
Considering the current position is beneath red downward line, I mark short for THIS CHART.
Less is more!
