VasilyTrader

SILVER: Still Bearish

Short
OANDA:XAGUSD   Silver / U.S. Dollar

hey traders,

though we see some correctional movement on silver
my outlook is still bearish.

currently, the market is standing just beneath the major falling trendline.
I expect that selling volumes will accumulate and we will see a bearish breakout of a bear flag.
for us, it will be a perfect selling signal.

Target level will be 17.0
Stop will be above the highest point of the flag.



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