(Discuss) Xag/usd, silver

mardi 22 novembre 2016

Hello traders, in my opinion this pair should trade in this direction, BUY : on Daily chart we have an Elliott Wave cycle who is done, after 5 waves. I put Fibonacci Retracement and the price now is near 61.8 fibo level. On MACD we have a bullish divergence and on a lower time frame H4 also the bullish divergence tell us we can have a change momentum in the market.

Capture silver daily.jpg Xag/usd, silver