TradingView
4xForecaster
Sep 4, 2014 9:33 AM

Nearing Significant Repulsion At 19.048 | $XAG $XAU $SLV $Gold 

Silver/U.S. DollarFXCM

Description

Traders,

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 bullish 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 bullish 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?
tradingview.com/v/JNIyS4W4/


Cheers,

David Alcindor
Comments
Sokun
Where to now? Thank you David. Doing my best to follow along!
Gassho
More