SolomonsView

#SILVER #XAGUSD - downtrend may have resumed

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
The first downmove that we see has clearly traced a 5 wave sequence and a 3 wave correction. this means we are headed down. Looks for new lows with 25.57 as the risk stop
Michael @ SolomonsView

Twitter - @SolomonsView

Comments

target price? looks like its going up...correction over it seems
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SolomonsView pkinvestor
@pkinvestor, If one is extremely short term, profits can be booked, but I see this headed down and will look for short rentry around 24.75
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pkinvestor SolomonsView
@SolomonsView, thanks!
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