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11021992
Feb 5, 2016 4:22 PM

XAGUSD short at trendline and SR Short

Silver/U.S. DollarFXCM

Description

Hi all,

On the XAGUSD we can see the price near the blue daily trendlines.
There is also a lot of support & resistance at that area. I've marked a pretty big price reversal zone.
I would suggest to short somewhere around 15.1 and 15.6; depending on the risk you are willing to take.
Target is based on 3x the same move downwards.

Best of luck!

Regards
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