Well well well, silver started spilling last week.
I'm looking at re entering right there, at a potential retest of local support, targeting the purple box. If it works out, will be a 7RR trade.
Reason for the target is, we have broken that line of support which held price several times on the daily time frame, now looking to retest it before another move down later.
Altho the Dollar weakness is seen accross the board, there are a couple of exceptions, and MXN is one of them. IF, USD can gain the light blue coloured level there is high likelihood for us to see 23.50 later.
Let's watch the price action on those levels
ZIL has had a brilliant couple of months, thus creating a very nice price trajectory in a parabolic advance trend, that now needs to be worked out next.
Seems like the $0.0215 level is lost for good, so I will for the time being discount any possibility to revisit it. BUT if this level is broken and closed above, straight up continuation is more likely.