No clear signal as of right now, yet if silver breaks the support trendline where it is right now, it would indicate a move down to the mid 16s.
As with gold, watch for signs of DXY strength on 4h and daily time frames.
Simply watching this pair for now.
As with gold, watch for signs of DXY strength on 4h and daily time frames.
Simply watching this pair for now.
Comment:
I need something more decisive from the US Dollar, posting analysis on DXY soon
Comment:
Failed retest of broken support - as resistance, price heading down, i'm shorting silver.
Comment:
Dooooownnn we go
Comment:
ouch, atrocious USD news
