OANDA:XAGUSD   Silver / U.S. Dollar
As seen on the chart, the Primary, Intermediate and minor degree corrections all project at the 18.16 zone
Currently we would have to wait for a pull back towards the 16.65 zone to enter any new long trades.

Also, the 7th August time axis has acted and the 0.618 retracement of the recent range breakout has completed.

Please check the next post for the lower time frame entry and time axis predictions.
Caution: Please wait for the pull back before opening the buy entry

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.