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I am still sligthly bullish in silver XAG / USD, weekly chart shows a temporary consensus here around 18 which is an important level. Ahead of US elections and with an overall strong USD still price is not really continuing down atm.
Closed longs when price was near 18.40. reloaded and closed near 18.70. Now reloaded 18.20 and 18.22
In my opnion we can see 20 area again soon with extension to 21 and a move into 23/24.
On the downside, I will not hold any long below middle 17 area.
In case of further drops this + next weeks, I will be looking for lower entries even near 14 / 15
Closed longs when price was near 18.40. reloaded and closed near 18.70. Now reloaded 18.20 and 18.22
In my opnion we can see 20 area again soon with extension to 21 and a move into 23/24.
On the downside, I will not hold any long below middle 17 area.
In case of further drops this + next weeks, I will be looking for lower entries even near 14 / 15 