End of Silver corrective move? temporary pullback for now Short

Silver/U.S. DollarFXCM

Description

⋅ Apr 16, 2015 1:38 PM

Corrective move met resistance at 16.49 pulling back ideal target to break even is 38.2% retracement 16.29 (to minimise risk) target 50% retracement to cover all - intraday

XAG USD ( Silver / US Dollar)Silver preciousmetals

Comments

LEONES

⋅ Apr 16, 2015 2:05 PM

goo silver goo!!! I'll wait for you at 14.00

sugardaddyFED

⋅ Apr 16, 2015 2:20 PM

bro are u holding any short or waiting for the attack sub 16? I like to short at 15.75 area target previous low :)

sugardaddyFED

⋅ Apr 16, 2015 2:20 PM

Profit all taken on this trade - Amen!

fortradingview1

⋅ Apr 16, 2015 2:25 PM

congrats!

fortradingview1

⋅ Apr 16, 2015 2:16 PM

why silver dropped down so fast? news or whatever?

sugardaddyFED

⋅ Apr 16, 2015 2:19 PM

Fed Phlly and Dollar bulls got their balls back - the move higher was corrective and it stalled at key levels - times up for silver short covering