faylee
Long

Waiting for a retracement to buy

FX_IDC:XAGUSD   SILVER / US DOLLAR
711 22 28
1st entry:16.2
2nd entry:16.1
Comment: target reached, wish W4 give a retracement to buy.
Think you for your idea,but look at the weekly chart,maybe at 50% fib,and the uptrend should be supported
Long
+1 Reply
think youi viry mich fir the chirt
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Emre_Yilmaz Emre_Yilmaz
I feel that 15,7 will be a good support. cause ema50 on weekly charts, is passing around 15,7.
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I'm buying this drop too, my stop is 15.394.
It will take a while for the pullback to end though.
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Thank you! Fay-lee! If gold/silver ratio continues dropping, this pair should rise again. I'm riding the gold already, BTW...
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faylee Victor.Y.F
fine! good to long silver today
+1 Reply
I'll take my gold profits at 1180-1190 area, the 1.618 expanded flat C wave target which I mentioned before. In case it does a zigzag, where is targeting 1108 I maybe short it again after pulling back.
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Victor.Y.F PRO Victor.Y.F
snapshot
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faylee Victor.Y.F
Nice!
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snapshot
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Sweet...Girls are better at TA....I think.
+1 Reply
you think there will be any correction, or resting points to enable re-entry?
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faylee DownUnder
I've longed at 15.86 on Jun 2
+1 Reply
good call, while the target is still very high, there is plenty to gain still then :).
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faylee DownUnder
Yes, my longer term 3rd target for Gold is 1368, at the time Silver is posible to reach 19.5
+1 Reply
Correction, or change direction you think?
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faylee DownUnder
deeper correction, target 16.86
In 4H chart, it's W4
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Rise is so slow but fall is so swift :). DO you expect the correction to be finished and back up by tonight ?
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You think we will actually go back down to (4) 18.85 ??
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faylee DownUnder
yes, but need some days, i hope it would retrace 18.5-18.1
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LoL your wish could be true not in days but minutes :)
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faylee DownUnder
not too fast;)
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