XAGUSD : Corrective Setup. Buying dips would be wiser.

XAGUSD

We may go in correction from here depending upon the dollar strength if it finds to bounce back.
Not a good place to short.
Wait for correction and look for upward wave formation
Buying dips would be wise.

Comment:

Next Target 16.7

Comment:

break of 16.5 suggest downside towards 15.5

Comment:

Made lows around 16.150
Back to 16.5 levels

Trade active:

Too lazy to updates
Bought 16
Personal target $48, $120. Pretty long term

Comment:

Mad breakout from down channel

Comment:

Perfect move at Lower TF with consolidation