Simon_says

To FED or not to FED, that is the question!

Short
Simon_says Updated   
FX:XAGUSD   Silver / U.S. Dollar
My vision on Silver is still the same as described over a month ago:

Price of XAGUSD reached 200 day moving average (green line) while 18.24$/oz is a 0.618 fibo.
Please also have a look at the stochastic indicators below the chart.

In my perception price of silver will move slightly up or sideway, touching red box.
The main downward move will happen in mid-March when J.Yellen will decide or not decide on changing interest rates.
Trade active:
Trade is still active, please watch "SILVER INVESTORS: Prepare For This Opportunity"

www.youtube.com/watch?v=7s90RoSz...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.