ODFTrader

XAGUSD, Silver / U.S. Dollar forecast

OANDA:XAGUSD   Silver / U.S. Dollar
Summary

Report:

Currently Silver is not attractive. In general all metals are correcting. A look at the Gold/Silver ratio gives a good indication regarding Silvers current performance.

However, price action is nearing Fibonacci reversal levels going forward...

Trade safe!

Best regards
Omar Djurhuus

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