xplicit

Clear short term bearish signs

xplicit Updated   
FX_IDC:XAGUSD   Silver / U.S. Dollar
So we have a clear Shooting Star Doji and a Bearish Divergence which are clear bearish signs.
Price could reach down to 17.412 which is a 0.618 Golden Ratio of Fib Retracement and a massive trendline from which we should bounce quite massively.

This is not investment advice. Trade at your own risk.
Trade closed: target reached:
The target was reached, held beautifully the price of silver and formed a Higher Low.
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.