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Goingdutch303
Aug 18, 2020 11:56 AM

Silver (XAGUSD) due for larger drawback or straight to 30+? Short

Silver/U.S. DollarFXCM

Description

Will Silver make a break for 30+ straight away or visits 23 before moving back up?

- Silver has been overbought at the daily, weekly and monthly.
- Momentum seem to be dying down a bit on the daily
- Macd seems to give a bearish conformation by crossing

A huge triangle is form, will we break out on top or below? Please let me know your thoughts
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