XAGUSD:still targeting 18.6 on wkly chart
Traders,
GOLD and Silver rose quit a long time since December 2017, and as mentioned before, any healthy correction would help them to rise higher position.
For SILVER, a broken trend line ( RED ) on daily chart is now confirmed . Bfore touching 18.60, a corrective wave dig down to 16.3 is possible for the coming 1 or 2 wks. On wkly chart, SILVER has a long-term trend line supporting it, you could treat it as an ascending triangle too, which is a bull pattern. On that pattern, silver could touch 18-18.6 in the first half year of 2018.
Less is more!
GOLD and Silver rose quit a long time since December 2017, and as mentioned before, any healthy correction would help them to rise higher position.
For SILVER, a broken trend line ( RED ) on daily chart is now confirmed . Bfore touching 18.60, a corrective wave dig down to 16.3 is possible for the coming 1 or 2 wks. On wkly chart, SILVER has a long-term trend line supporting it, you could treat it as an ascending triangle too, which is a bull pattern. On that pattern, silver could touch 18-18.6 in the first half year of 2018.
Less is more!
Comment:
The light blue zone is pressure silver down .
Trade closed: target reached
Comment:
entry:$16.850
tp2:$16.270
result: $0.580 580 pips!
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tp2:$16.270
result: $0.580 580 pips!
Subscribe now to join now !
Trade closed: target reached
Comment:
Heading down to tp 3!
