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d.vezeris
Jun 4, 2014 5:55 PM

Silver 1H analysis in SHS Pattern Short

Silver/U.S. DollarFXCM

Description

The XAGUSD 1H tech analysis show that KUMO is a strong resistance for the Silver. Now is exactly on Kijun Sen and Tenkan Sen at the bottom of KUMO.

There is also a Head & Shoulders Pattern that if it continues and brokes the Neckline the target is the 18.537.

Stop loss EMA 200 at 18.987
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