$XAG vs. $USD Rests At Bullish Entrenchment; Eyes 17.564 | $SLV

Friends,

Watch for potential rally into the 17.564/17.757 range per Geo's Off-Set Rule, as price defined a higher-low structure into the bullish entrenchment - See following chart:

Look for commodity-sensitive currencies, such as $AUD, $NZD, $CNH and correlated leaders such as $XAU, $XPT charts (posted earlier this week) for supportive hints in terms of similar directional biases.

Background geometry at play is the Geo, as implied by above Off-Set Rule, whereas the Predictive/Forecasting Model remains quiet at this time.


OVERALL:

Bullish bias to 17.564/17.757 range as Geo=based targets.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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Twitter:
@4xforecaster

LinkedIn:
David Alcindor
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Comment:

30 JUN 2016 - Chart Update / Tech-Note:

As price finally rose to the 17.564/17.757 range, we are now looking at a potential reversal, given the following upper and lower risks - The upper value represents the most proximal value anticipated to hit first, whereas the lower value represents the target at reversal:

Invalidation should occur with the development of a bullish impulse pushing price steadily higher. In which case, a new analysis to the upside would be required.

Best,

David Alcindor, CMT Affiliate #227974
- Alias: 4xForecaster (Twitter)

Comment:

UPDATE - $XAGUSD - 13 JUL 2017:

All proximal targets have been hit as forecast this past summer 2016:

Cheers,

David Alcindor
Alias: 4xForecaster