Bosphorus_Capital
Short

Scale into silver shorts for a decline to 15.8 to 14.2

FX:XAGUSD   Silver / U.S. Dollar
Silver shorts can be initiated here and scaled into towards 18.80 for a decline to 15.8/14.5

Shorts can be also hedged by gold longs until gold reverses from 1270/1320 area (see Sell Silver , Buy Gold Pair Trade)

A pullback for Primary (4) can be expected thereafter to 17/18 area.

The final target for Silver seems to be somewhere between 12.4 to 10.3

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