While the price is above the support 13.60, beginning of uptrend is expected.
We make sure when the resistance at 15.60 breaks.
If the support at 13.60 is broken, the short-term forecast -beginning of uptrend- will be invalid.
There is a possibility of temporary retracement to suggested Buy Zone (14.650 to 14.400). We wait ...
OUR CURRENT POSITION
GOLD-SHORT-ENTRY-1325 TARGET-1230 STOP LOSS-1385
SILVER-SHORT-ENTRY-16.500 TARGET-14.700 STOP LOSS-17.300( It doesn’t, means that we can't close or even reverse our position in the middle,if we get enough confirmation we can close like we did 3 times previously or even reverse the position if needed)
At the moment of writing this ...
As shown in the chart, silver is moving in a symmetrical triangle. Simple way to trade it is within the triangle and after breakout on closing basis. For convinience I draw abcd waves. But it doesn't mean exact moving path of the price. But you can take help from it.