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