XAGUSD: The only Buy Opportunity before the return to the bottom

5 мар. 2019 г.

Silver is now trading around the 0.5000 Fibonacci retracement level on 1D with the chart being oversold (RSI = 32.316, STOCH = 18.561, STOCHRSI = 7.542) after the continuous decline since last week. This is the only level that we may see a rebound as if it doesn't hold the danger of a full pull back towards 14.000 is significant. We are long, TP = 15.470.





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