KQMarkets

Silver - Short - Further Downside Potential

Short
FX_IDC:XAGUSD   Silver / U.S. Dollar
We see Silver moving lower if it doesn't consolidate and move higher from the $18.2 support level having dropped significantly over the past few days. Easing tensions in the US/China trade war and dovish central banks as well as a recovery in the stock market have led to fall in demand for safe haven assets such as Silver.

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