Silver Short from Institutional Supply

Dear traders,

I am currently short XAGUSD, my reasoning for this position are the following confluences:

- Quarterly, monthly and daily supply zone
- .75 Fibonacci retracement
- M50EMA acting as resistance
- Daily high-test candlestick

I will be targeting the trend line for a RR of 1:1.5.

Best regards,

Don Deesker