#SILVER #XAGUSD bounced off sighted resistance
Silver headed higher this morning into the indicated resistance at 25.57 and reversed right there, the down move has all the indications of a 5 wave structure and so may turnout to be a trend reversal. Updated charts will be posted soon.
Direction seems to be down to new lows if 25.57 remains intact
Direction seems to be down to new lows if 25.57 remains intact
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
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