thesilverbullet

Where is silver going...

Long
thesilverbullet Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
We are off of a perfect V reversal that also forms a reverse h&s that targets right around 21.2. If history repeats we will have a similar pattern to 2016 with the final rally coming in June.

Long until blue down trend targeting 17.8, will then look for pull back, reentering later in the year.

Ill check back at the end of January.
Comment:
17.5 is the safe target, maybe catch the tailing end of break out , dont chase.
Comment:
Warning resistance found 17.19. Wait for pull back, BUY 17.00!!!
Comment:
A retest of blue downtrend in the making. Just reentered silver long looking for to take profit around 17.7 before entering a short.
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