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vanirof
Aug 10, 2020 9:13 PM

silver breakout this week? Short

Silver/U.S. DollarFXCM

Description

Possible next targets 32.3(perhaps will be reached tomorrow in 12 hours),then in next few days maybe even 34(probably gold will be 2100-2300 at same time) will be reached then and fall back at least to to 32.3 on Friday or next week.
Comments
bos711
Hey, I think you need to change it from short to Long the type of idea :)
vanirof
@bos711, it corresponds to events for next few days, so it is short term target. Anyway it is to late to edit it:)
bos711
@vanirof, well I see first it's long and end like short. So this why it's short.I'm Long now in Silver and Gold I think soon will see breakout.
vanirof
@bos711, it is a 6 months scale graph, but focused on next few days. I am worried about Thursday/Friday and week after I think there is another pullback coming(Fall will probably be bearish, like for gold last year), think things will clear out a bit by Wednesday. But at the moment silver seems stronger than I my last week expectations.
bos711
@vanirof, if before Thursday /Friday Silver gets to 32/34 for shure we will see pullback, but I want first see the breakout. Silver is very strong for now, and also we still need see news.
vanirof
@bos711, II'm like 80% sure we will see 32 and like 60% for 34 but it still make sense,if it goes to 34 i expect pullback than another attempt which will result in double peak,when August ends think it will go 3 months sideways maybe around 30 which is psychologically important round number
bos711
@vanirof, I think the same, but hope pullback be then it better reaches 34 in Silver and Gold more then 2150.
bos711
@vanirof, the thing is happening today I can't understand why....
vanirof
@bos711, i didn't expected it either till Friday 15, but on the other hand last two weeks were much more bullish that seemed to me in July, i don't expect recovery to former prices till week after price stabilize
emiliobozzo123
@bos711, what news you waiting on?
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