armand_forex

Waiting for upmove

Long
FX:XAGUSD   Silver / U.S. Dollar
I think that silver went down because of speculators who see that a huge breakout upwards is coming, and wanted to jump on that train at the lowest price possible.

I think that maybe price is going to hit 15.20, but that is an absolute minimum in my opinion...

Also watch for the perfect triangle on 1 and 4 hour charts. Maybe it will indicate the next move of silver.

Please comment and follow me if you like my analysis, it is a great feedback for me :)

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