Silver / U.S. Dollar

Short

SILVER:SHORT From 61.8% FIBO Dynamic Trendline SELL

Updated

SILVER is in a Downtrend, after a pullback on the 61.8% FIBO level with the confluence of the dynamic trendline plus the 200 Moving average, today, after a weak retracement to retest this area seems ready to have a new push down. The RSI still on the Bearish side meanwhile the stochastic, in overbought, appears prepared to drop in the medium value of this indicator.

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SILVER:SELL From 61.8% FIBO Dynamic + Static Resistance SELL

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