AlexPalmaFXTrader

Silver Analysis (Bearish)

Short
OANDA:XAGUSD   Silver / U.S. Dollar
Hello,

According to my wave count, i expect another decline for silver below previous low. It looks like we are at wave 4 of C that is taking a triangle shape. if that's in fact a triangle, i expect Xag/Usd trading between $18 in the next few weeks. After that occurs we have had completed a bearish wave pattern. Only time will prove me right or wrong
Happy trading!
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