XiNiaN

SILVER is on the downswing

Short
FOREXCOM:XAGUSD   Silver / U.S. Dollar
3

With the departure of today's entry short 16,531
and the probable break (with a hourly candle) of the support S1 at 16.46

Begins a short-run medium-term journey
which will take him first to test the lower part of the bearish channel
to cause a rebound that should go to test the resistance R1 in area 16.86

If the test will'be successfull it will go down to S2 in zone 16.12

If the test will fail it will break the short multiday channel and it will come up
to the pivot in zone 16.66

CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 =17,188
R2 =17,174
R1 =16,864
PIVOT =16,662
S1 =16,459
S2 =16,124
S3 =16,079

CROC X3 - Last Signal ((Long Term - TF 1D)
SHORT da 17,809
from 18/04/2017

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.