Crazylambboy

Silver continues to fall, wait for shorts to enter

Short
OANDA:XAGUSD   Silver / U.S. Dollar

Talented people do not necessarily have good opportunities; being underappreciated requires less lamentation and more reflection. There is no need to be impetuous in life; the more others look down on you; you have to calm down and examine your own objective conditions before you may find a way that suits your talents. If a person wants to achieve success in his own business, he will be unable to achieve anything if he has the shortcomings of frivolity and impatience; he needs a serious and down-to-earth style to do anything

Like gold, silver has not fluctuated much during the day. At present, it has rebounded slightly and the short trend remains unchanged. After waiting for the rebound in the evening, it will remain bearish at high altitudes. The operation of silver is recommended to sell at 20.19, risk control 20.35, and the target is 19.70~19.45.

Silver is bearish for several reasons:
1. The temporary stagnation of silver yesterday was just to repair the big drop, so it is still mainly bearish here.
2. According to my personal analysis, the decline of wave 2 has not been completed, and the market will continue to bottom out.
3. The intraday pressure is 20.22~20.43, supported at 19.45~19.20.

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