EliteTradingSignals

SILVER SHORT FROM RESISTANCE

Short
OANDA:XAGUSD   Silver / U.S. Dollar
Hello,Friends!

Previous week’s green candle means that for us the SILVER pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 21.986.

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Comment:
We are seeing a good move already so we will keep the trade running!

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