just an idea; XAGUSD needs to gap fill

looking for silver short positions up here. Price hit 179% fib extension of initial move which is quite normal in silver after inefficient spikes up. Hoping we see a complete gap fill, if not, at least reaching ~14.75 which aligns with S/R, 79% fib retracement of the entire move AND 62% of the initial move. Will let price action unfold before going short. One thing to watch is the USD which took quite a hit yesterday.

Trade chiuso: obiettivo raggiunto:

exceeded expectations :) $_$