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Silver downtrend gaining momentum
Silver / U.S. Dollar
Short
Silver downtrend gaining momentum
By AndyM
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Jan 14, 2021
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Jan 14, 2021
Silver should resume the downtrend in a few days.
Targets: w1: 17..19, w3: below 11, w5: 6..8.
When silver completes w5, EURUSD should be at ~0.87..0.88. All of this will be caused by the crash in Treasuries which has already begun.
Also note that EURJPY has left a decade-long triangle and is ready to move to 80..90. Something interesting is going to happen soon.
Wave Analysis
AndyM
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