Silver - watching for reversal and long term long trade
XAG/USD - price is approaching 0.618 FIB and support zone around 16.20 - 16.35 forming descending wedge on the daily. Watching that support zone for the price to decelerate and form reversal pattern or reversal candles that could offer long term long trade. On my weekly watch list for 08-14 December 2019.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.