Mihai_Iacob

Silver can drop to 19

Short
OANDA:XAGUSD   Silver / U.S. Dollar
Unlike Gold, Silver is weaker and the price couldn't correct the drop, instead consolidated in a tight range.
At this moment the price is exactly in a strong support zone and considering the incapacity of correcting, I expect a break and a hard fall for XagUsd
My target is 19 and only Silver back above 23 would negate this bearish scenario

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