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Mihai_Iacob

Silver- Back to 23 soon?

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Perak / Dollar A.S. (OANDA:XAGUSD)  
Mihai_Iacob  
OANDA:XAGUSD   Perak / Dollar A.S.
Trend Analysis Chart Patterns Technical Indicators Silver silveranalysis silvershort silverforecast XAUUSD xauusdshort XAG USD ( Silver / US Dollar) xagusdanalysis xagusdshort
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2
trendanalysis chartpattern indicator silver silveranalysis silvershort silverforecast xauusd xauusdshort xagusd xagusdanalysis xagusdshort
As always, Silver is more "Technical", easier to read and more straight forward than Gold...
After the drop to 22, the price rose in a clearly corrective way, overlapping
Now the price lies just above confluence support and I believe (As for Gold) that this support will fall and the price will drop.
My target for Silver is 23 and a sell trade with a SL above 25 can have a R:R of more than 1:2
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