#SILVER #XAGUSD break of corrective channel

SolomonsView Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
The downside break in prices is a possible opening for the re-entry on the downside. Watch for the risk level to hold. If prices do not re-enter back into the channel in the coming few hours, the downmove should sustain
Trade closed manually:
Preferable to book profits now, an inverse H&S is shaping up, so a rally could comeup
Entry 24.75
Exit 23.6

larger trend remains down

Michael @ SolomonsView

Twitter - @SolomonsView

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.