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One More Leg for Silver? XAGUSD 4H

OANDA:XAGUSD   Silver / U.S. Dollar
4H chart shows momentum shift, silver is topping out if not already, question is what does the future bring in terms of chaos and disorder: will it lead to another drop for paper silver, or the biggest rise in recent history?



This is not financial advice.



Comment:
Created some silver targets using various "equal distance" methods. one was by % and the others were log based. Used two different tops, my targets are 27.65 log 30.84 and log 33.17

These are log fibs, but I also used an equation to calculate log distances.

Trade closed manually
Comment:

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