andmk2

Short Silver

Short
andmk2 Updated   
FX_IDC:XAGUSD   Silver / U.S. Dollar
Silver has hit it's resistance line of 16.84
and after the non farm payrolls, it has fallen.
RSI and MACD are both in a down-trend,
and price is also below its 200 EMA.
In my opinion, that's a few good reasons to go short.
Comment:
I stand corrected as the market subsequently moved up.
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