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EliteTradingSignals

SILVER SHORT FROM RESISTANCE

Short
Silver / U.S. Dollar (OANDA:XAGUSD)  
EliteTradingSignals  
OANDA:XAGUSD   Silver / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Silver short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis silver short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

SILVER is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 22.986.

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