bilgeyts

If you ask for a dropback scenario,...

FXOPEN:XAGUSD   Silver / U.S. Dollar
This is not a financial advise.

Everyone is happy with the rise of silver for the last few days.
IMO,

Silver is negative under 24.00.
It is now 23.60 and over the daily EMA50 (which is 23.50).

If you ask for a dropback scenario:
22 is possible. (Lower bound of blue channel)
If sth bad happens: 19 or if sth sh*t happens: 17 is in the pot.

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