XAGUSD: Time for a short

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Hi traders,

Here we have the XAGUSD daily chart. We can see that we have reached the 50% Fibonacci retracement of the downwards move that initiated in the summer of last year. We also have a 161.8% Fibonacci extension at the exact same value.
Targets are 17.800 and 17.350.

Cheers!
Trade attivo
Nota
First target hit!
Trade chiuso: obiettivo raggiunto
Both targets hit! Perfect.
fibshortXAG USD ( Silver / US Dollar)

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