maenshokri

Weekly Outlook: Silver: Short

Short
maenshokri Updated   
FOREXCOM:XAGUSD   Silver / U.S. Dollar
Unlike Gold, Silver has a clear potential to the downside as the blue line is crossing the green line and as price has closed below the green line. The red trend line has to shift from the supportive level to the resistance level further push price to prior lows. Stop loss is 15.60.
Trade active:

I would prefer selling from the green line.

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