VasilyTrader

SILVER (XAGUSD) PULLBACK AND BEARISH CONTINUATION

Short
OANDA:XAGUSD   Silver / U.S. Dollar

short rally has stopped on silver and we see a steady recovery.

with a clear unwillingness of sellers to push lower the market may retrace to a key 14.0 structure resistance,
accumulate selling volumes there and continue its movement to new structure lows.

If you are looking for a short opportunity on silver, this is the best trading plan to follow,
taking into consideration an overwhelmingly oversold market.

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