Sascha_Gogolin

XAG/USD - Corrective structure broken

Short
FX:XAGUSD   Silver / U.S. Dollar
The 1,5 month corrective structure has been broken to the downside, indicating a likely move down towards 18.000-17.600. Best area for a short entry would be the bottom of the previous corrective zone between 19.200 - 19.500.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.