SILVER will bounce from Resistance. Short!
Hello, Traders!
SILVER is trading in a pattern
That is somewhat similar to the one of Gold
And I've just posted a short on Gold from the falling resistance line
Which is present on Silver chart too
So why do I intend to short Silver higher than Gold?
Its because on Gold chart the more important horizontal resistance is already reached
And forms a confluence with the falling one
In Silver, however, the horizontal level is way higher than the falling one
So I'll play it safe and will be shorting silver from the horizontal resistance
Sell!
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