XAG/U$D "DOWN GOES SILVER"?
Ladies and gentlemen, I would like to see a clean break of the 17.85-.80 area with possible pullback but besides that I let the fibs do all the work. Long term if price proceeds, I am looking toward 17 flat or even 16.75. Of course, pullbacks are a strong possibility LTF but given the Daily close I'm not expecting price to close above 18.50 which we are currently running away downhill from. Keep in mind Monthly is doji right now and Weekly is looking for LL territory. Happy Trading!
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