AlkalineFX

Silver - Key Structure

OANDA:XAGUSD   Silver / U.S. Dollar
Keeping my eyes on silver, I will be monitoring how price reacts at the key structure zone marked. If we manage to see a break above the zone I will be looking for a buy from the re-test into the highs of 32.50. If we see continued rejection from the zone marked I will look to ride the small downtrend into the 26.50 level. Higher time frame candlesticks are all mostly bullish so it is not wise to fight the trend unless it is short term until price shows us different.

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