YungFinance

SILVER UPDATE: IDEAL LONG ENTRY IS NOW

Long
FX:XAGUSD   Silver / U.S. Dollar
SILVER HAS NOW BEEN CONSOLIDATING STEADILY THROUGH THE SUMMER. AS WE SEE, SILVER IS NOW TRADING WITHIN THE INDICATED WEDGE. SEE MY OLDER TA'S FOR THE LONG/SHORT CASE. I SAID AT THE JULY TOP THAT A GOOD SHORT OPPORTUNITY WAS AVAILABLE, BUT TO BE CAREFUL AS THE SECULAR TREND IS UPWARDS. I NOW BELIEVE THAT THIS TREND SHOULD CONTINUE NOW. IF SILVER BREAKS BELOW THE CURRENT WEDGE, I WILL BE BUYING MORE. I DONT SEE IT GOING LOWER THAN 18.50. HAPPY TRADING
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