wallst

Potential Breakout

wallst Updated   
FX:XAGUSD   Silver / U.S. Dollar
a break above resistance could take this to 16.81, indicators oversold, watching
Comment:
oversold indicators, holding support so far, bail below 16.25
Comment:
clarification on previous comment, stay long unless there is a close below the 16.25 area.
Comment:
watching for double bottom at 16.13
Comment:
now watching for a rebound off of the bottom channel line at 15.98
Comment:
struggling to get above the declining channel support line, like hanging off a cliff. watch out below, or bounce?
Comment:
above and staying above the channel support line, currently above the declining resistance line
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