XAGUSD - Daily - Trend Analysis

29 ส.ค. 2017

Hi Guys,

Here we have the Silver Daily. Price is currently touching a annual downtrend for the 4th time. The triangle is formed by an uptrend from June. Question is which way will it break. Based on RSI and past performance I would say lower but let's see how it plays out. I will be taking my position based on a daily close outside of one of the lines.

Let me know of any thoughts or questions.

Thank You!

Victoria

30 ส.ค. 2017

บันทึก

Respected the trend perfectly. Short position for now.