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SonicDeejay
Jul 19, 2018 9:00 AM

Silver (July/18) Analysis Short

SilverOANDA

Description

Silver

We are in the deep sell-down mode lately and there is no end in sight at this moment.

It shall go lower as there are more bear forces are in it.
I foresee a strong support nearly at $14.5. So, the sell is still the better bet.


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Sonic



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Comment

Silver

I am not seeing a big edge at Silver at the moment, it may swing up but I do not think it will be a big move.

I will stay away from it and not be taking any positions at the moment.

If you ask me to choose a side, I will say it may fall further as the overview is still bear. Let's chill.



S0nic

Comments
RavBRD
Hello Sir. Any comment on actual situation on XAG? Looks like bullish momentum is getting stronger or it's just a correction? Short is still better side to choose?
Thanks
guangzh3n
is good time to short? or wait support and buy it better?
SonicDeejay
@guangzh3n, Can fall further..

short better.
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