Since last week i have been looking for sell opportunities in Silver. There is a bearish convergence on the H1 chart which suggests further move down is expected.The commodity seems to be in a tight range which once broken down we can sell. Here is my plan for action.
Silver Technical Analysis:
H1 – bearish convergence
Sell Entry:
Look for a break below the range that has formed on the M30 chart to sell. Protect last high created and aim 17.20
Yours,
Vladimir