As mentioned 2 weeks ago, we were still going long, weren t ready to sell it, however, silver was approaching resistance zone 17.76-17.96. For those who went long, i d recommend to exit now after a nice 6.84:1 return on investment. It s now time to watch out for bearish evidence and a potential move to the downside from this major zone.
Silver have no power to break at this moment to break 18.50 levels, My short call already posted.
this wave is tired totally and have no potentional to break above 18.50
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Indeed this is why we are waiting for a nice Bearish Price Action