VasilyPonomarev
Short

SILVER: Still Bearish

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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Share your ideas and thoughts on Silver HERE!
Reply
QasimKhadim VasilyPonomarev
@VasilyPonomarev, i'm thinking it would touch 16.536 price first
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