As a quick follow up to recent $XAG predictive analysis forecasting, Silver/US Dollar is coming to a significant level of potential retracement at 19.048.
Price has already moved per forecast, hitting a target @ 19.754 and rolling on forecast of a shallow retracement. This decline is probably coming to a stop, at a more precise 19.048, although we had already predicted that we had entered the entrenchment from which recent price action suggests a definite battle at its upper border (~19.213) at this time of writing.
See recent analysis and a replay of the recent price action here or click in the "Related Ideas" below:
Will $XAU Shine On The Back Of A Rusting $XAU?
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