ajithchand-bhandaari
Short

SILVER SHORT ::: RISK CALL :::

FX:XAGUSD   Silver/U.S. Dollar
SILVER             is expected to SINK.

There are many reason why we feel it may ......
* BEARISH ENGULFING in WEEKLY Chart.
* To SINK and come near 14
* Stoch RSI (3,3,14,Close) clearly states it may SINK.
* RSI (14,CLOSE) Is also of the same view.
* CCI (20,CLOSE) Is also saying the same.
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our short call shall be from 15.22 with a SL @: 15.27 Tgt01: 15.08 Tgt02: 15.02 Tgt03: 14.83. This may be very quick as we are expecting Silver             to bounce back from mid week. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
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