alicanuz

XAG/USD TECHNICAL ANALYSIS

Short
OANDA:XAGUSD   Silver / U.S. Dollar
This weekly chart of Silver/USD shows the next target of the Fibonacci 0.618 extension level which is the 17 area. The double top and trendline bounces can be seen clearly in this timeframe as well but keep in mind prices can move up and down in the short-term, rely on lower time frame analysis for better entry prices.

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