XAG USD - sell to 2021

FOREXCOM:XAGUSD   Silver / U.S. Dollar
This falls inline with Equities, where price will look on indexes like S&P500, Nas100, ASX200, DAX30, FTSE100 -

As these fall - commodities like XAG which are a consumer product for manufacturing - the price will suffer with equity sell offs.

Taking the Fibonacci from the low to the high of the move;
We have our targets in play.

We will close out some long positions which have been rewarding but another opportunity is here to hedge and be rewarded on the sells.

To see our breakdowns of the Indexes - see the links
as well as the long term Silver buy opportunities.

This trade a cycled seasonality trade - note the volatility here from the technical aspects around on the chart.

Use the monthly and weekly for a clearer picture.

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Remember to manage your trade. This is key to success.

Team Lupa

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