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SolomonsView
Oct 12, 2020 12:47 PM

#SILVER #XAGUSD bounced off sighted resistance  Short

SILVER (US$/OZ)TVC

Description

Silver headed higher this morning into the indicated resistance at 25.57 and reversed right there, the down move has all the indications of a 5 wave structure and so may turnout to be a trend reversal. Updated charts will be posted soon.

Direction seems to be down to new lows if 25.57 remains intact
Comments
ShreeKrishna
Tell me where it is heading ??
SolomonsView
@ShreeKrishna, if 25.57 holds I'm expecting new low towards 21.50. could be lower but we need to see as trend develops
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