CrashWhen

SILVER: Topping

Short
OANDA:XAGUSD   Silver / U.S. Dollar
Silver notching a Daily Gravestone Doji with bearish continuation in an ascending structure with Daily Bearish Divergence on RSI should indicate silver is topping at the .5 fib. If there is a fake out to the upside, I expect the .618 fib to serve as resistance. Expecting a retracement back to the 200DMA / 1 fib level at ~$22 .
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.