samurai110

Big Short Setup on Silver on a Weekly Chart!

Short
OANDA:XAGUSD   Silver / U.S. Dollar
Big, big bearish setup on a Weekly chart of Silver projecting a target of 9$ per ounce over the coming months. Great opportunity to accumulate Silver bullion as the price steadily falls over the upcoming months while holding a short position on an CFD/futures contract.

As a trading opportunity it gives you a R/R ratio of about 21/1

Sell @ 16.159 Stop Loss @ 16.523 Take Profit @ 9.062

Trade safe. Trade smart.
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