Argento / Dollaro
Short
Aggiornato

Selling Silver is a sure bet

XAGUSD

This looks like a solid sell to me. The price has been moving in a definitive tunnel. Its recent strong move up ended at a previously respected resistance level. Recent daily candles indicate indecision and it looks like the price would rather retrace down to the other end of the channel. All of the oscillators are definitely in the overbought area and the latest bullish weekly candle just begs some retracement.
Trade chiuso: stop raggiunto
Stop loss reached, the price shot up.

Declinazione di responsabilità