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DonDeesker

Silver Short from Institutional Supply

Short
Silver / U.S. Dollar (OANDA:XAGUSD)  
DonDeesker  
OANDA:XAGUSD   Silver / U.S. Dollar
Trend Analysis Chart Patterns Silver XAG USD ( Silver / US Dollar) xagusdshort short Bearish Patterns zone zones
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trendanalysis chartpattern silver xagusd xagusdshort short bearish zone zones
Dear traders,

I am currently short XAGUSD, my reasoning for this position are the following confluences:

- Quarterly, monthly and daily supply zone
- .75 Fibonacci retracement
- M50EMA acting as resistance
- Daily high-test candlestick

I will be targeting the trend line for a RR of 1:1.5.

Best regards,

Don Deesker
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