9 Feb 2016

SILVER BREAKOUT TARGETS COMPLETED - WHAT'S NEXT?

XAG/USD DAILY

The precious metal has completed the 100% symmetrical triangle breakout target and is now testing the long term falling trendline resistance.

My overall bias is lower and for that to change the price needs to overcome 16.35 level.

For new short positions I first need to see a break back below the 15.00 level within the coming days.






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