SolomonsView

#Silver # XAGUSD looks all set to head down

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
The the move down is not very clear as impulse in the early part, it is looking more so. Silver now looks like its all set to head to go below Sep Lows
Michael @ SolomonsView

Twitter - @SolomonsView

Comments

Hi, any stop loss for this trade?
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SolomonsView pkinvestor
@pkinvestor, Its a tricky situation now that it has fallen a lot . A good way to manage this will be to be short only when the price is below 20EMA on the hourly. currently it has just gone above this
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