SolomonsView

#SILVER #XAGUSD targeting 25.57 in Wave Y

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver progressed very well as expected in Wave c of Wave Y. It should face resistance at around 25.57 where Wave Y = Wave W. This is also where the parallel trend channel tops.
We should watch price reaction at this area to understand if the trend will change downward ( most likely will, but lets listen to the price) . 25.57 is a good area for the W-X-Y corrective upward rally to terminate.
Michael @ SolomonsView

Twitter - @SolomonsView

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can I long
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