PickleLiq

Bearish on Silver for the short term

Short
FOREXCOM:XAGUSD   Silver / U.S. Dollar
I'm bearish on Silver for the short term. It looks like we will break down out of this descending triangle and go to my first buy zone. I'm fairly confident price will bounce from here. If it fails to hold I'm sure we will visit my second buy zone, however it may take some time to get there. Like with my Gold prediction, I think money from the S&P will flow into Silver when the time is right.
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