XAGUSD weekly chart
Silver is in correction, two options here: normal ABC or wedge ABCDE
In the first case, the correction is complete
In the second case, silver could reach $12/oz, even $10/oz
Last week silver failed at trendline, this could lead to a new low.
For bullish case, silver needs to trade above $16/oz
Silver is in correction, two options here: normal ABC or wedge ABCDE
In the first case, the correction is complete
In the second case, silver could reach $12/oz, even $10/oz
Last week silver failed at trendline, this could lead to a new low.
For bullish case, silver needs to trade above $16/oz
