fximperija
Short

#SIlver, #XAGUSD, short

FX:XAGUSD   Silver/U.S. Dollar
After this insane rally on Inflation fear, Silver             completed this bearish butterfly with RSI well overbought. The PA came close to 21 but retreated which could be a sign of a short opportunity at least to 20.37s heavy structure support . Alternatively, PA might continue up where another shorting opportunity awaits @ 21.75 on a bearish bat and previous structure highs resistance.
Note the RSI divergence between last high and current PA.
Update: Bearish butterfly invalidated, PA stopped on heavy structure res. and 141.4 fib. ext.
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