FX:XAGUSD   Silver / U.S. Dollar
XAGUSD             weekly chart

Silver             is in correction, two options here: normal ABC or wedge ABCDE
In the first case, the correction is complete
In the second case, silver             could reach $12/oz, even $10/oz

Last week silver             failed at trendline , this could lead to a new low.
For bullish case, silver             needs to trade above $16/oz

Related Ideas

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