Silver FuturesLong
XAGUSD Wyckoffian view on Silver
Updated
Silver looks like its sitting on a very important support zone this is a potential lps the upmove was pretty solid shortterm bagholders probably sold into it and other ones shorted into the resistance
the target is 21.6$ as our pnf objective is 16 boxes * 0.325 + 16,5 21.7$
the target is 21.6$ as our pnf objective is 16 boxes * 0.325 + 16,5 21.7$
Note
Silver is on the big picture in accumulation since a pretty longtime and the current reaccumulation as we may see it here could be a lps on the big picture.Heres an idea i posted a while ago
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