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bhowe
Sep 10, 2014 4:51 PM

XAGUSD Short

Silver/U.S. DollarFXCM

Description

XAGUSD (Silver) in a continued downtrend lower his and lows. Looks to me like an AB=CD pattern continuing with Silver finally bottoming around $18. There is horizontal support at $18.53 could bounce there but I doubt it. This pattern looks similar to XAUUSD.
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