#SILVER #XAGUSD moving up within corrective channel
Updated
Silver (INR) completed its wave X at the INR 58450 low and seems to be making its way up within the corrective channel to complete Wave Y. It is most likely headed to INR 66000 area ($26 XAGUSD).
A subsequent correction to new lows is due before a long term upmove.
Risk level for stops also mentioned on the chart
A subsequent correction to new lows is due before a long term upmove.
Risk level for stops also mentioned on the chart
Trade closed: target reached
Long entry : 61380Profit exit : 66000
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
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