EliteTradingSignals

SILVER BEST PLACE TO SELL FROM|SHORT

Short
OANDA:XAGUSD   Silver / U.S. Dollar
Hello,Friends!

SILVER is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 22.245.

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Trade closed: target reached:
We are taking profit boys

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